Competition Bureau launches investigation into Dominion Lending Centres The Competition Bureau confirms that it has launched an investigation into alleged anti-competitive conduct by broker network Dominion Lending Centres Inc. (DLC).
Latest in mortgage news: consumer insolvencies at highest level since 2019 Consumer insolvencies in Canada have risen to their highest level in three years.
Industry giant Ron Butler launches his “Angry Mortgage” podcast After facing building pressure to host his own podcast, Ron Butler–one of the biggest names in the mortgage industry—this week launched his inaugural episode.
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 […]
CMHC consumer survey reveals the importance of follow-up contact by mortgage brokers 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.
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 […]
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 clients understand what it […]
The current interest rate climate for mortgage brokers and their clients is dramatically different compared to just a year ago, requiring a whole new strategy when it comes to renewals. The market has never experienced such a dramatic rise in the overnight rate over such a short period of time. As a result, brokers […]
The current interest rate climate for mortgage brokers and their clients is dramatically different compared to just a year ago, requiring a whole new strategy when it comes to renewals.
Critics say OSFI’s proposed mortgage changes could do more harm than good