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Pineapple Market Update

Become a more informed mortgage broker alongside our CEO, Shubha Dasgupta. Get timely information on the housing market, mortgage industry and the Canadian economy so you can serve your clients better!

 

 

Summary

In this training session our CEO Shubha Dasgupta takes us through the weekly market update. He kicks off the meeting with rate updates for Prime Lenders and Alt Lenders. He highlights the rate percentage for insure, insurable, uninsured and rental. He explains the current state of the economy and the factors that drive growth. The expectation of new borrowers from a survey shows that a simple online process is very important to them, and a great value is placed on speed across the mortgage process. He explains some helpful tips when working with younger buyers and balancing the digital experiences is a great way to help solidify this. He encourages agents to set the right expectations and clearly guide their clients throughout the mortgage process. Please refer to the related tab of this article to access the slide deck.

Resource Links

Q2 GDP Growth Lages Expectations

What does the “new” borrower want?

Social Media Content

Please click here to access the Market Update recap video story that you can use to post on your social platforms.

Announcement

One of our priorities here at Pineapple is to ensure that you are all remaining compliant in your mortgage business. While we understand you may all have a different style of marketing/advertising your mortgage business, we are sending this email as a reminder that you are ensuring that you are keeping aligned with the mortgage industry public relations and advertising requirements as per the link.

Please take a moment to read the attached link to ensure that you are adhering to the Mortgages Brokerages, Lenders and Administrators Act 2006 (MBLAA) and its regulations.

Please reach out to Diana at diana@gopineapple.com if you have any questions.

Cheers,

Diana