When people deal with mortgage brokers they want to know that they’re competent. But it’s hard to assess that if you don’t know a broker well.   That’s where industry accreditations come in. A credible industry designation shows that a broker has met minimum standards of proficiency and professionalism.   Canada’s most common mortgage designation […]

Brookfield RPS is offering a free Property Summit Wednesday, May 28th in Toronto from 8AM to 1PM (breakfast and lunch provided).   The Property Summit 2014 includes a panel discussion on federal policy framework changes, as well as a housing market overview from Ben Tal, CIBC World Markets Deputy Chief Economist.   Click here for […]

Phew! Genworth Canada and Canada Guaranty have decided not to follow in CMHC’s footsteps and change their programs for self-employed buyers. But is this only a temporary move? “Upon review of the current Business for Self Program we will not be making any amendments to current product guidelines,” a Genworth letter to lenders sent Friday […]

DLC President Gary Mauris was the live guest on popular industry forum Canadian Mortgage Hangout last week. Click here to watch the full interview.   Dustan Woodhouse, DLC Canadian Mortgage Experts, is the source of a MortgageBrokerNews.ca article called How to prepare for upcoming anti-spam law.   Pamela Wyant, DLC Northern Mortgage Solutions, is a […]

There was some great news in the federal budget that could have positive outcomes for anyone looking to purchase a home, refinance or renew their existing mortgage. The Department of Finance expressed their commitment to increasing the competition of mortgage lenders. Many of the smaller lenders who focus on mortgages, offer us very competitive consumer […]

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000. The partial exemption continues and will apply to homes valued between $475,000 and $500,000. With this change, the government estimates […]

We have uploaded three new holiday card Autopilot templates for you to send out to your database!   English Files: Happy Holidays – 2013/14 Happy New Year – 2013/14 Merry Christmas – 2013/14   French Files: Bonne Annee – 2013/14 Joyeuses Fêtes – 2013/14 Joyeux Noël – 2013/14

It’s easy to get caught in the posted mortgage rate trap at the big banks.   No, you won’t have to pay the posted rate on your next mortgage. Pretty much nobody does that any more, according to mortgage broker Robert McLister. The real danger is that posted rates will be used to calculate the […]

Do you use the Autopilot Scripts we’ve created for you to help stay in touch with your database?   The newest script, which just went live today, is called: Are You Considering a Renovation? The template talks about our historically-low rates and the advantage of using home equity to help make home improvements this fall/winter. […]

Back by popular demand are one-day Dominion Universities for Mortgage Agents & Brokers this spring across the country!   Registration will open shortly. Stay tuned for a communication from DLC Head Office. In the meantime, mark the date in your calendar for the DLC University closest to you: Victoria – February 11th Vancouver – February […]