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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

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