Canadian Mortgage Professional

Avison Young has boosted its Toronto valuation and advisory services team with the addition of Mike McFarlane as principal and director. https://hubs.la/Q02x5-tc0 #mortgagenews #leadership #industrymoves

VWR Capital Corp. sets new standards in service excellence for brokers. Discover how their technology upgrades and process enhancements are elevating client experiences. https://hubs.la/Q02x41zz0 #ServiceExcellence #VWRCapital #BrokerSupport #Technology#ClientExperience

Firm Capital Property Trust (FCPT) has reported strong financial results for the first quarter of 2024, highlighting a significant increase in net income, among other positive developments. https://hubs.la/Q02x65DF0 #mortgagenews #commercialmarket

Desjardins said long-term mortgage products should become much more widely available in Canada to help homeowners avoid crippling "payment shocks." https://hubs.la/Q02x5-v10 #mortgage #mortgageindustry

Victor Tran from RATESDOTCA highlights the impact of persistent high interest rates on Toronto's housing market. He notes that buyers are cautious, waiting for ideal opportunities before making a move. https://hubs.la/Q02x67zh0 #mortgagetrends #housingmarket

Banks are going digital – are brokers keeping up? Discover how to navigate changing consumer sentiment and leverage technology to stay competitive in the mortgage industry, with insights from Dong Lee, CEO at Axiom Innovations. https://hubs.la/Q02x3Y9D0 #BrokerStrategy #TechAdoption #MortgageIndustry #Mortgage

Webull Securities (Canada) Limited CEO Michael J. Constantino suggests rate cuts may occur later due to ongoing inflation battles, with the Fed possibly acting in the fourth quarter. https://hubs.la/Q02w-CHB0 #mortgageindustry #economicoutlook #interestrates

The Canadian government has retracted its proposal to implement a new tax regime on specific real estate investment trusts (REITs) in Canada, following substantial industry opposition. https://hubs.la/Q02w-JnZ0 #mortgagenews #mortgageindustry #mortgageinvestment

Canada's economy added about 90,000 jobs in April, surpassing economists' expectations of a 20,000 gain. The unemployment rate held steady at 6.1% despite the surge, according to the latest Labour Force Survey from Statistics Canada. https://hubs.la/Q02w-wg90 #labourmarket #economicoutlook #interestrates

Natasha Bridgmohan, president of The BridgGroup of Companies, underscores the significance of mindset for women in the mortgage industry as she prepares to moderate CMP's Women in Mortgage Summit. https://hubs.la/Q02w-zt90 #mortgageindustry #WomenInMortgage #WomenInMortgageCA