

Brennan Doherty

Brennan Doherty


OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches
Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders.

Remembering Michael Ellenzweig and his contributions to Canada’s mortgage industry
Michael Ellenzweig aspired to be a mortgage broker ever since the age of 13. The rest, as they say, was history.

Harvesting opportunities for brokers: the untapped potential of farm financing
Brokers without a rural upbringing may not know a lot about how farms or farm financing work, but even a residential broker can be taught how to handle a farm deal.

OREA calls for bold action to address Ontario’s housing shortfall
Despite making progress on its goal of building 1.5 million new homes by 2031, the Ontario government must do more to improve housing stock and cut down on bureaucratic obstacles, the Ontario Real Estate Association (OREA) says.

How the Smith Manoeuvre can help mortgage brokers grow their business
For nearly four decades, Canadians have turned to an investment strategy of writing off the interest from mortgage payments as tax-deductible. Known as the Smith

Weak demand casts chill over Canada’s recreational property market outlook
Prices for cottages and other recreational properties are expected to remain fairly tepid this year as high borrowing costs and lower buyer demand continue to slow Canada’s real estate markets.

Canadian home prices expected to see sluggish growth in 2024, Re/Max says
Home price growth across Canada is expected to remain sluggish in 2024, while the country’s largest housing market—Toronto—is expected to see prices fall, according to a new forecast released today by Re/Max.

Private mortgages: what brokers need to know
While private mortgage providers may offer higher interest rates, they can be an attractive option for homebuyers unable to secure financing through A lenders.

CIBC’s Tal: “We are very, very close to the end of monetary tightening”
CIBC deputy chief economist Benjamin Tal said that while we’re are very close to the end of Bank of Canada rate hikes—or maybe already there—the biggest question is when the Bank will being cutting rates.