Supply of new homes in the GTA dwindling amidst sales boom

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January 27, 2021

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COVID-19 safety restrictions also slowing new construction, industry group BILD says

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Starwood Capital’s Sternlicht to sell luxury hotels in Ottawa, Calgary and Edmonton

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http://ift.tt/wEcZxH trio of Westin Hotels is considered a ‘rare portfolio of assets’ and is expected to fetch between $475-million and $525-million. from The Globe and Mail - Real Estate http://ift.tt/2DNOTmF via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

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http://ift.tt/1AlqXNK cities like Toronto and Vancouver, affluent parents are buying properties for their school-aged kids, hoping to prevent them from being shut out of the real estate market from The Globe and Mail - Real Estate http://ift.tt/2DKByvz via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

The Future Direction of the Mortgage Industry in the Digital Age

November 22, 2017

Over 40 digital companies made presentations at the 2nd annual Digital Mortgage Conference in San Francisco. The mortgage industry due to inefficiencies in the system and opportunities for digital entrepreneurs is on the cusp of a significant digital revolution. Mortgage tech companies will create APIs for end-to-end digital mortgage systems and deals will be made between data aggregators and the major institutions. Mortgage Industry Research shows Borrowers are more likely to find their lender through online research or social media than they were 5 to 10 years ago and less likely to find their lender based on a Realtor referral. Online mortgage adoption spans “all age groups” and demographics. More than a third of all borrowers prefer self-service websites, especially during the research stage of getting a mortgage, but still want instant access to mortgage professionals as they move through the process, be it via online chat, telephone, text mess...

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