OSFI proposals, CIBC on home sales, Variable rates, Housing crunch, Canada inflation, More

Why one broker isn't stressing about OSFI proposals

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22 April 2021

Top news Why one broker isn't stressing about OSFI proposals President says the stress test rate increase is "such a small change" CIBC: In the current environment, homeowners prefer to stay put Not even intensified demand is enough to convince most Canadian homeowners to sell All about the underwriting Joanna and Jason Lang, the co-founders of Outline Financial, tell CMP why every agent and broker at their firm starts out as an underwriter Analyst: BoC rate hold is not so good news for variable-rate borrowers Optimism surrounding economic recovery might drive untimely rate adjustments Why housing crunch may send renters to the streets Shortage of housing is reaching a crisis point StatsCan: Mortgage interest costs not tracking national inflation The trend is largely due to the central bank's prolonged freeze of its overnight rate Edmonton firm announces launch of its residential mortgage platform The platform is among the latest additions in Canada's rapidly growing digital mortgage segment International news Pepper Money Australia and New Zealand CEO on serving the market for 21 years Non-bank lender to grow its legacy well into the future Mortgage broker offers chance to get on the ladder with a 5% deposit The new product is targeting "frustrated" first home buyers Fannie Mae is taking steps to address this industry's stark diversity problem GSE's new initiative is aimed at showing young people of color that a career in mortgage or housing can suit them CMP TV How do you manage workload and stress? Top mortgage professionals share their tips Other News Valko Financial Ltd. goes national with heart-centred leadership After more than a decade of accomplishments and growth as a top-producing mortgage broker in Kitchener (Ontario), Tracy Valko founded Valko Financial Ltd. in 2018 to share her passion and principles for excellence in service with a group of like-minded, community-focused professionals

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