It seems that rising rates may coincide with higher market share for mortgage brokers. New BoC staff research finds that "an increase in the bond rate represents an increase in the cost of funding, and this is correlated with an increase in broker-use." But this report, released last

Low-cost leads are essential to online mortgage providers, many of which sell at razor thin margins. Nesto, a direct online lender, knows this as well as anyone. In fact, we hear it tried to buy at least one existing rate comparison site but the terms were not favourable. Now we

Back in the day when I was running a mortgage comparison website, I used to look in the rearview mirror and see a company called Wowa. Before we knew it, Wowa had overtaken almost every competitor on pageviews, cementing itself as Canada’s #2 rate comparison site behind the industry&

Many folks who got non-prime mortgages 12 months ago are being forced to renew at rates that are 100% to 150% higher. Example: 3.49% renewing at 7.99% Some may wonder whether resorting to interest-only non-institutional lenders is a solution. Does it provide enough payment relief?