Canada's Condominium Magazine

Monthly Archives: March 2016

Broker channel disturbed by lender's cut-rate mortgages

Broker channel disturbed by lender's cut-rate mortgages

The mortgage broker community has been perturbed by the recent actions of one of its main channel partners. Street Capital recently started advertising direct-to-consumer mortgages at rates that are lower than those available to brokers. The ads also included cash-back offers of up to $1,500 and even better rates for clients meeting certain conditions. Many… Continue Reading

Broker channel disturbed by lender’s cut-rate mortgages

Broker channel disturbed by lender’s cut-rate mortgages

The mortgage broker community has been perturbed by the recent actions of one of its main channel partners. Street Capital recently started advertising direct-to-consumer mortgages at rates that are lower than those available to brokers. The ads also included cash-back offers of up to $1,500 and even better rates for clients meeting certain conditions. Many… Continue Reading

Growth of online shopping adds to traditional retail experience: report

Growth of online shopping adds to traditional retail experience: report

For some, this must seem like the promised land. Shopify, the Canadian e-commerce company, reported in 2014 that it found no discernible difference in levels of online shopping traffic from one day to the next. People were basically always shopping. Shopify calls it “always-on shopping.” Now, the Canadian Internet Registration Authority (CIRA), the body that… Continue Reading

New home sales up sharply in February: BILD

New home sales up sharply in February: BILD

Sales of new-built homes in the GTA were above average in February, according to the Building Industry and Land Development Association (BILD). February’s brisk sales, which were 21 per cent higher than one year ago and 36 per cent above the ten-year average, came after a sluggish January. BILD president Bryan Tuckey said the launch… Continue Reading

Most Canadians seek advice online but don't always take it

Most Canadians seek advice online but don't always take it

A lot of Canadians use the Internet, in case that had escaped you. Scotiabank says 96 per cent of us use the Internet to find “information and answers” about, well, everything that we need information and answers about. Recipes. Medical information. Gift ideas. Financial advice. Dating. Mortgages. A survey of about 1,500 Canadians, conducted online… Continue Reading

Other Popular Stories

Entertaining in a small condo under 800 square feet? It can be done!

Entertaining in a small condo under 800 square feet? It can be done!

Whether the in-laws are coming to town or your spouse has just informed you that the boss and his wife are coming over for dinner, the prospect of entertaining guests in a small space is enough to send anyone into a frenzy.     You have to prepare topics of conversation, plan activities, tidy up,…

Are condos more affordable alternatives to detached homes in hotter markets such as Toronto?

Are condos more affordable alternatives to detached homes in hotter markets such as Toronto?

When you are itching to buy your first home but cannot quite afford the high costs associated with buying a house, purchasing a condo is an attractive option. Increasingly, condos are the “go to” home ownership option for not only first time buyers, but also down-sizers. The pros and cons are fairly straight-forward for both…

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

What to do Victoria Day weekend: the most fun for the lowest cost in the Greater Toronto Area

  We’ve all been waiting for that first big, warm weekend of the year — Victorial Day. Schools are closed, and many people have extra time off work, and we’re primed and ready to go after all the rain and cool weather this spring. With summer beginning, and a long, celebratory weekend ahead, it is the…

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