Brokers on lenders, Agent opportunities, Mortgage losses, Major cities, More

Brokers on Lenders

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21 November 2022

Top news Brokers on Lenders How Community Trust is helping Canada's mortgage brokers How should agents and brokers approach the current cooldown? Recalibrating can be strong preparation for the next market boom, says SVP Extra wiggle room with 35-year amortization With interest rates on the rise, affordability is a big concern for borrowers. In this scenario, the borrower needed help with cash flow to pay off some debt. Our expert BDM worked with the mortgage broker to help lower their client's monthly payments and free up some ratio room. The solution? Refinancing on a 1-year term at 6.19% with a 35-year amortization. Now, the client has an extra $800 monthly to pay off debt. Deal done. Bridgewater Bank Premium Treating agents like family As it continues to grow across Canada, Sherwood Mortgage Group is putting agents front and centre Canadian Mortgage Summit – Focus on niche lending Mortgage professionals can benefit from a diverse range of non-traditional lending options Mortgage losses soar to highest level since 2015 So why is the share of written-off mortgages still declining? Last Chance to Register Don't miss out on the complimentary Canadian Mortgage Summit this Thursday! Click here to register before it is too late! Canadian Mortgage Summit How much income do buyers need to afford a home in Canada's major cities? "Homes are becoming more affordable across the country" Why is Bill 23 – the More Homes Built Faster Act – so controversial? "Someone's going to have to pay" Displaced Ukrainians are flocking to one province Two brothers share why… New podcast: Brokers on lenders Find out how one company achieved efficiency and transparency Community Trust International news What latest CPI numbers mean for mortgage rates 40-year industry veteran breaks it down Rochdale housing CEO sacked over toddler's mould-related death RBH fires boss days after damning inquest and mounting government pressure The top 20 Sydney suburbs to invest in Higher rental yields attracting investors, says brokerage Hike it like it's hot: RBNZ expected to lift rates by historic 75 bps With inflation expected to return to the central bank's target by end-2023

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