March 2023

How mortgage brokers can unlock the power of personal video messages

How mortgage brokers can unlock the power of personal video messages

It’s important to find ways to connect with potential clients and build trust. By recording a video that is tailored to an individual prospect, you can set yourself apart from others and create a memorable experience.  It’s important to find ways to connect with potential clients and build trust. By recording a video that is […]

How mortgage brokers can unlock the power of personal video messages Read More »

New First Home Savings Account launches April 1, but won’t be available until later this year

New First Home Savings Account launches April 1, but won’t be available until later this year

Prospective homebuyers wanting to take advantage of the federal government’s new Tax-Free Savings Account will have to wait longer, despite the program’s official launch date of April 1.  Prospective homebuyers wanting to take advantage of the federal government’s new Tax-Free Savings Account will have to wait longer, despite the program’s official launch date of April

New First Home Savings Account launches April 1, but won’t be available until later this year Read More »

Dominion Lending Centres tops $70B of funded volume in 2022

Dominion Lending Centres tops $70B of funded volume in 2022

Dominion Lending Centres and its subsidiaries ended 2022 with $70.6 billion in funded volume, a 10% decrease from 2021, the company reported this week.  Dominion Lending Centres and its subsidiaries ended 2022 with $70.6 billion in funded volume, a 10% decrease from 2021, the company reported this week.  Mortgage Rates & Mortgage Broker News in Canada 

Dominion Lending Centres tops $70B of funded volume in 2022 Read More »

Housing affordability challenges leading to increased risk of fraud

Housing affordability challenges leading to increased risk of fraud

With higher prices and interest rates putting the dream of homeownership further out of reach studies suggest Canadians are more comfortable inflating certain details of their mortgage application — a form of fraud that could have serious legal ramifications.  With higher prices and interest rates putting the dream of homeownership further out of reach studies

Housing affordability challenges leading to increased risk of fraud Read More »

National Bank seeing fewer delinquencies in Quebec vs. other regions

National Bank seeing fewer delinquencies in Quebec vs. other regions

A better-than-national unemployment rate in Quebec is translating to fewer delinquencies in National Bank of Canada’s mortgage portfolio for that province.  A better-than-national unemployment rate in Quebec is translating to fewer delinquencies in National Bank of Canada’s mortgage portfolio for that province.  Mortgage Rates & Mortgage Broker News in Canada 

National Bank seeing fewer delinquencies in Quebec vs. other regions Read More »

Mortgage market in Canada more sensitive to higher rates: BoC

Mortgage market in Canada more sensitive to higher rates: BoC

When deciding to hold rates at its February meeting, the Bank of Canada took into consideration the fact Canada’s real estate and mortgage markets are more rate sensitive compared to other countries.  When deciding to hold rates at its February meeting, the Bank of Canada took into consideration the fact Canada’s real estate and mortgage

Mortgage market in Canada more sensitive to higher rates: BoC Read More »