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Tag Archives: Banks

Calls grow for a crackdown on “shady” lenders, “outrageous” interest rates in Canada

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Legislators and mortgage industry executives are calling for a crackdown on lenders who charge excessive interest rates in the wake of an in-depth investigation conducted by CBC Marketplace. Marketplace’s undercover investigation looked into the offerings of non-traditional lenders like CashMoney, Easyfinancial, Fairstone Financial, and Money Mart, and found that interest rates could be as high as 46.96% [&hellip…

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Canada’s ‘Energizer Bunny’ Housing Market: 2021 Forecasts

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The Canadian real estate market defied gravity last year in spite of a global pandemic and nationwide lockdowns. The year ended with the seasonally adjusted MLS Home Price Index up 13% year-over-year with the average house price surpassing the $600,000 mark. “It’s official, despite all the challenges, 2020 was a record year for Canadian resale [&hellip…

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How customer obsession & innovation drives growth

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During his 13 years with HomeEquity Bank, Eric Bisaillon (pictured) has been a driving force behind the company’s growth. He attributes much of this success to the customer obsession and focus on innovation that his team puts into practice every day. Here, he outlines what this means for brokers, and how HomeEquity Bank continues to [&hellip…

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