Comments on: Inside the World of Mortgages http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/ Everything to do with thickening your wallet by entrepreneur turned President of an Investment Company Fri, 12 Mar 2010 08:45:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Rates Cuts, New Look, and Other Links | Million Dollar Journey http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/comment-page-1/#comment-9468 Rates Cuts, New Look, and Other Links | Million Dollar Journey Fri, 25 Apr 2008 09:35:42 +0000 http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/#comment-9468 [...] Thicken My Wallet teams up with Canadian Mortgage Trends to bring you an article that explains an insiders view of mortgages and how they work. [...] [...] Thicken My Wallet teams up with Canadian Mortgage Trends to bring you an article that explains an insiders view of mortgages and how they work. [...]

]]> By: Mortgage Broker http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/comment-page-1/#comment-9212 Mortgage Broker Sat, 19 Apr 2008 18:48:54 +0000 http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/#comment-9212 Hi NM, Thanks for the comments. You're not alone. A lot of Canadian's are unaware of how we get paid and the services planners provide. As people become more aware of these two things, we'll continue to see growth in broker market share. According to CAAMP, about 1/3 of mortgage shoppers now use a broker. Our focus as an industry should continue to be education, professionalism, and building trust among consumers. If we do these things properly it wouldn't be unreasonable to expect 50% market penetration in the next 5-10 years. All the best, -Melanie Hi NM,

Thanks for the comments. You’re not alone. A lot of Canadian’s are unaware of how we get paid and the services planners provide. As people become more aware of these two things, we’ll continue to see growth in broker market share.

According to CAAMP, about 1/3 of mortgage shoppers now use a broker. Our focus as an industry should continue to be education, professionalism, and building trust among consumers. If we do these things properly it wouldn’t be unreasonable to expect 50% market penetration in the next 5-10 years.

All the best,
-Melanie

]]> By: Nerd Money http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/comment-page-1/#comment-9136 Nerd Money Thu, 17 Apr 2008 23:41:28 +0000 http://www.thickenmywallet.com/blog/wp/2008/04/17/inside-the-world-of-mortgages/#comment-9136 Thanks for the informative post! I learned something new today. I didn't realize that most mortgage planners don't charge a fee for preparing a typical residential mortgage. Good to know! Thanks for the informative post! I learned something new today. I didn’t realize that most mortgage planners don’t charge a fee for preparing a typical residential mortgage. Good to know!

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