Strategis Consulting
104-3686 Bonneville Place V3N 4T6 Burnaby, BC, Canada

The mortgage industry in Canada is seeing massive growth despite (and because of) the health crisis and economic recession. COVID-19 created the perfect storm for it to happen. Both bond yields and the overnight rate have been kept in a holding pattern over the last annum, and as a result we have seen some the lowest mortgage rates of all time. Home values have also remained in check as the market awaits the economic rebound. In response, opportunistic buyers and investors are chomping at the bit, and seeking the services of mortgage brokers to assist with the process. While this is great news for brokerages, the highly competitive nature of the business makes grabbing a profitable share of the buyer base a challenge. If you own a brokerage, here’s what you need to do.

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