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CMP's Brokers on Lenders survey closes this Friday
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Tuesday, 27 July 2010
CMP asks you... Who is Canada's most broker-friendly lender?
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U.S. mortgage applications up
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Tuesday, 27 July 2010
Mortgage applications in the U.S. rose by seven per cent last week from the one prior, which is good news after U.S. home sales dropped by 33 per cent at the end of May.
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DLC signs Don Cherry for new fall TV ads
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Monday, 26 July 2010
Dominion Lending Centres has signed on Canadian hockey commentator Don Cherry for its new TV commercials, launching September 2010.
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Taiwan says only proper loans can be used for mortgages
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Monday, 26 July 2010
Taiwan's central bank has stated that home mortgages must be acquired through the appropriate channels, and loans received for home repairs, working capital and other purposes can't be used to buy property.
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CanEquity responds to broker concerns
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Thursday, 22 July 2010
Many readers of mortagebrokernews.ca have been e-mailing CanEquity accusing them of a bait and switch ...
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Canadian homeowners financially fit
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Thursday, 22 July 2010
Canadian homeowners appear to be more financially fit than others in Canada, as 65 per cent pay off their credit balances each month compared to 48 per cent of non-homeowners.
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Rate is higher but still historically low
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Thursday, 22 July 2010
Though the Bank of Canada raised its rate to 0.75 per cent on Tuesday, consumers may still have time to take advantage of lower waits since some banks wait days, even weeks, before raising their prime rates.
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CMP editor addresses concerns over low rate story
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Thursday, 22 July 2010
There has been a lot of controversy over the past two days about an article posted to this website with regard to low mortgage rates.
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U.S. commercial real estate ready for comeback: Prudential
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Wednesday, 21 July 2010
Commercial real estate in the United States should recover faster than it did after the 1990s recession, as wealthy investors dealing with a limited supply compete for properties, says Prudential Real Estate Investors.
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CanEquity says it's launched the lowest rate in Canada
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Tuesday, 20 July 2010
CanEquity says it's offering the lowest mortgage rate in Canada, lower than its 3.81 per cent rate.
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BoC raises benchmark interest rate to 0.75%
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Tuesday, 20 July 2010
The Bank of Canada raised its benchmark interest rate by 25 basis points for the second time in two months, even as households and governments in the developed world continue to cut back on spending.
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NYC launches mortgage fraud prevention program
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Tuesday, 20 July 2010
New York City's Finance Department has launched a new program to help prevent mortgage fraud.
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The Mortgage Group celebrates 20 years
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Monday, 19 July 2010
Started with little fanfare in 1990, The Mortgage Group is excited to celebrate its 20th anniversary this month.
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BoC likely to hike interest rate Tuesday
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Monday, 19 July 2010
The Bank of Canada is poised to raise its main interest rate for the second time in as many months.
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June housing sales fall sharply
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Thursday, 15 July 2010
Residential housing sales fell significantly across Canada and the average resale price decreased after months of record-setting gains.
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