Bank of Canada Raises Rates to 10-Year High

The Bank of Canada today delivered a widely expected quarter-point increase to the overnight target rate, raising borrowing costs for millions of Canadians. Citing an economy that is operating “at capacity” and modest wage growth, the BoC noted in its statement that “policy interest rate will need to rise to a neutral stance to achieve…

Lendesk Announces Creation of New Lender Network

Sponsored Article. Mortgage brokers will soon have a new pipeline through which to send deals to many of the country’s top lending institutions. Lendesk Technologies, a Point of Sale system provider for the mortgage industry, today introduced the Lendesk Lender Network, a direct-to-lender mortgage application. The network so far consists of many of Canada’s top…

Brokers: How to Stay in Touch with Your Clients

It’s a mortgage broker’s job to remain in touch with their clients. But because years can pass between dealing with these clients, and perhaps for a lack of organization skills, that doesn’t always happen. Unfortunately, when it’s time to refinance or renew the mortgage, these former clients may not remember you or seek out your…