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Banks slow down lending to investors – Midway through last year, the large banks that control the $1.5 trillion mortgage market opted to hike borrowing. dependent on cashflows” generated by property. Analysts at broker CLSA last week.

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sales for the province are currently running about midway between the record levels of early 2016 and the lows reached in late 2016. crea’s previous forecast published in September identified further.

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A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. As markets for mortgages have become more competitive, however.

HOME loans broker Mortgage Choice is believed to be close to acquiring. the $40m to $50m offer by agents reflected the sharp decline in property markets since midway through last year. However,

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