by Neil Sharma, Mortgage Broker News Chinese real estate portal Juwai—which collects staggering quantities of data on Canadian housing—has struck a deal with online retailer JD.com to start selling homes like shoes. Juwai markets overseas properties to buyers in China’s Mainland and, according to a JD.com statement buyers can view houses listed for sale “like milk, shoes and other household goods.” … Read More

Home Capital has been in the news for all the wrong reasons in the last few years, but it appears the Alt-A lender has reached greener pastures. In fact, the Toronto-based lender is ahead of schedule. The company’s CEO Yousry Bissada noted that since a buoyant third quarter in 2017, Home Capital is on pace to fully recover at some … Read More

As the possibility of a full-blown trade war between the U.S. and China looms, Toronto-Dominion Bank’s chief executive says he’s concerned that global trade tensions could boil over and even lead some nations into recession. In an exclusive interview, Bharat Masrani told BNN’s Amanda Lang that anything that disturbs global trade is worrisome. “Trade skirmishes have been there since freer … Read More

TORONTO — Canada’s largest real estate board said Greater Toronto Area home sales in March were down 39.5 per cent from a frenzied pace last year, as the market continued to feel the effects of cooling measures introduced at both the provincial and federal levels. Both sales and price figures reported by the Toronto Real Estate Board on Wednesday dropped … Read More

By: Vesna Spehar, Account Manager, Client Relations at Canada Mortgage and Housing Corporation As Fraud Prevention Month comes to a close and home buying season begins, remember that if you plan on purchasing a home there are simple steps you can take to avoid becoming a victim of mortgage fraud. Mortgage fraud occurs when someone deliberately misrepresents information in order … Read More