The Canadian mortgage landscape has changed dramatically over the past few years. While transaction volumes and rate cycles tend to dominate industry conversations, many mortgage brokers are feeling pressure in a different way: attracting quality leads has become more difficult, and converting...
We've read and heard lots recently about the "renewal super-cycle" coming in 2026 & 2027. Mortgage brokers are uniquely positioned to help consumers in 2026 & 2027 because they have access to a variety of funding sources and understand, strategically, how best to structure debt.
It's important that borrowers prepare their homes for an upcoming property appraisal. The preparation tells the appraiser a few things about you and the home. First, it will give the impression the home is well-maintained. Second, it will help them do their job.
In the fast-paced world of mortgage sales, surprises are rarely welcome—especially when they involve last-minute lender changes due to appraisal issues. One of the most overlooked yet critical aspects of lender selection is understanding each lender’s appraisal guidelines. These guidelines can vary significantly and may impact whether a property...
Mortgage professionals know the appraised value of a property is a key factor in determining the loan-to-value ratio and may affect the interest rate for their clients. But did you know the same property can have different appraised values depending on the terms of reference (TOR) the appraiser follows? In this post, we explain why this happens...
Value Connect, a leading provider of technology-driven appraisal management solutions, is proud to announce that it has signed a new service agreement with Community Trust, a trusted name and leader in the Canadian alternative mortgage space . The strategic collaboration marks a significant step forward in delivering streamlined, high-quality...
Market fluctuations are inevitable in the dynamic worlds of mortgage brokering and lending. While periods of high activity can be exhilarating, slow market phases often present unique challenges.
Statistics Canada releases several publications on a variety of topics. We find the ones related to demographics and financial data interesting because those two factors play a significant role in how real estate and mortgage originations play out in Canada. Here's a few of the things a recent report (from October 10, 2024) highlighted for readers:
There is good news on the economic front which should give consumers and businesses some solace. Statistics Canada and the Bank of Canada (the “Bank”) recently released reports that you can leverage in your communications with clients.
