Advertorial By:Home Trust As Canada’s housing market continues to grow, self-employed homebuyers have emerged as a segment that simply cannot be ignored. In fact, data from Statistics Canada (StatCan) found that more than 2.6 million Canadians identified as self-employed in 2022. However, the spectrum of what a modern self-employed borrower looks like is wide, […]
Even though prospective homeowners usually pay for their home appraisal, many remain unaware that they typically won’t receive a copy of it. That’s because the professional appraiser sent to calculate the value of a home—which can cost anywhere from a few hundred to several thousand dollars—doesn’t actually work for the prospective homeowner. “Most brokers […]
While many people decide to co-own a home for cultural reasons or to help take care of elderly parents or young children, more Canadians are now turning to co-ownership as a means to combat housing in-affordability. In 2023, 6% of Canadians said they co-own their home with someone other than a spouse or significant […]
Advertorial By:HomeEquity Bank In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business. HomeEquity Bank’s Broker Launchpad gives you access to a suite of professionally designed and customizable marketing materials to target the 55+ demographic and reach them where […]
In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business.
Advertorial By:HomeEquity Bank In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business. HomeEquity Bank’s Broker Launchpad gives you access to a suite of professionally designed and customizable marketing materials to target the 55+ demographic and reach them where […]
Advertorial By:HomeEquity Bank With real estate activity down in 2023 compared to the previous year due to high interest rates, many brokers have been mining their databases for refinancing opportunities with existing customers. Although central banks have paused interest-rate hikes, inflation remains an ongoing concern. Against this backdrop, longer-term demographic and economic shifts are […]
To continue growing their business, savvy brokers will need to expand their product offerings and offer lending solutions that meet their clients’ changing needs. The CHIP Reverse Mortgage by HomeEquity Bank is a solution that is tailor-made for the shifting economic climate.
There was a simple but important lesson for mortgage brokers in CMHC’s 2023 Consumer Survey released Wednesday: follow-up contact leads to more satisfied clients. In a high-interest rate environment like today’s, borrowers are understandably less satisfied with their mortgage options. The Canada Mortgage and Housing Corporation’s (CMHC) survey revealed a hard truth that mortgage […]
Advertorial By:Manulife Bank Virtually every client to whom Nicole Hayes recommends Manulife One ultimately chooses it as their mortgage product. They are also more likely to provide positive feedback and referrals. While it may take a little extra time to educate them about the unique product, the Langley, B.C.-based mortgage expert says that once […]