Another Mid-Day Reversal. Does Jobs Report Even Matter?
Another Mid-Day Reversal Driven by Dueling Headlines The overnight session featured a modest but clearly-defined rally in response to hopeful headlines on th...
Mortgage Rates Erase Early Improvement
The day began on a fairly hopeful note for the mortgage market. During overnight trading hours, the bond market improved following a report regarding a peace...
Hedging and Secondary, Verification, AI, Reverse, Ops Too...
Lender and Broker Products, Software, and Services Spring homebuying season is in full swing, and for many lenders, that also means a surge in home equity de...
More Peace Deal Hope, More Overnight Gains
Bonds and oil rallied again in the overnight session, though not as swiftly as they did yesterday. News was thinner, but there was still an obvious catalyst ...
Ottawa still “evaluating options” on mortgage income veri...
Agency says progress depends on funding and legislative approval, with timeline tied to future budget decisions
Pre-Market Gains Stuck Around All Day
Pre-Market Gains Stuck Around All Day The entirety of the domestic trading session was very flat compared to the ground covered during the overnight session....
Mortgage Rates Make a More Serious Recovery
Mortgage rates spiked sharply on Monday, hitting the highest levels in more than a month as escalation fears ramped up surrounding the Iran war. Yesterday te...
Share of young Canadians living with parents doubled, stu...
Millennials were twice as likely to live with their parents in 2021 than baby boomers were at the same age, a trend that was particularly acute in expensive ...
Bank of Canada weighs clearer playbook to handle supply s...
The Bank of Canada is weighing whether to spell out how it responds to supply shocks in its monetary policy framework, including how much emphasis it places ...
Montreal-area home sales fall 7% in April as rising price...
Quebec's real estate board says Montreal-area home sales fell seven per cent on a year-over-year basis in April as buyers continue to show "a certain degree ...
TBA Settlement, Non-Agency, Due Diligence, AI, Warehouse ...
“What do you call an aging actor who has finally paid off his house? Mortgage freeman.” Servicing is a highly important component of that, and I was fortunat...
Big Overnight Recovery on Peace Deal Reports
There was one, big, obvious market mover overnight. At 4:50am ET, Axios reported that the U.S. and Iran are close to signing a one page memo of understanding...
Brokers shrug at federal spring update as major housing a...
Ottawa touts incremental changes, but industry says meaningful reforms—from income verification to amortizations—are still missing
OSFI flags growing risks outside banking system as oversi...
Canada’s banking regulator points to non-bank lending, liquidity shocks and credit discipline as key vulnerabilities
Data Didn't Hurt, But Bonds Underperformed The Oil Price ...
Data Didn't Hurt, But Bonds Underperformed The Oil Price Recovery Today's headline is somewhat misleading. It points out the fact that oil prices made it bac...
Mortgage Rates Edge Just Barely Lower
One popular refrain in the mortgage industry is that rates take the escalator on the way up and the stairs on the way down. Yesterday was definitely an "esca...
Too Much Regulation Is Making New Homes Unaffordable
The housing crisis is no longer an abstract concept. It is very real – and measurable – across the country. The affordability of housing, measure...
EQB clears final hurdle for PC Financial deal, targets su...
Federal approval paves the way for EQB to scale deposits and deepen its retail footprint through a loyalty-linked banking model
Fairstone Bank returns to RMBS market with $425M deal
First Classic RMBS issuance since 2022 sees demand exceed expectations, helping drive favourable pricing
Greater Toronto home sales rise 7% in April as lower pric...
Home sales in the Greater Toronto Area rose on a year-over-year basis for the second straight month in April, while average selling prices moved lower again.
Ginnie Guide, Borrower Marketing, e-Note Products; AI Web...
Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, is now operating as a fully independent company, enabling direct partnershi...
N.B. Liberals expected to introduce property tax overhaul...
New Brunswick's Opposition leader says he's expecting the governing Liberals to release their long-awaited overhaul to the system that sets property taxes, w...
May Krazy Kontest – Pizza Time!
Of all the most famous pizza chains not only in Toronto but Canada wide, the biggest is the iconic Pizza Pizza.
Modest Recovery Ahead of Econ Data
After hitting the highest yields in more than a month yesterday, bonds have managed to pick up a few bps. The bulk of the recovery was already in place by ye...
Outdated Design Trends and What To Replace Them With
It can be difficult to keep up with design trends as they move in and out like fast fashion. Here’s a list of ideas to replace them and liven up your space. ...
Markets Hit by Glut of Escalation Headlines
Markets Hit by Glut of Escalation Headlines Monday's trading session ended up being as simple as it was unpleasant. Bonds lost ground somewhat sharply as war...
Highest Rates in More Than a Month
Top-tier 30-year fixed rates are back above 6.5% today for the first time in more than a month for the average lender. Many lenders raised rates during the c...
Compliance, Surveys, eGuides and Webinars; Agency Updates...
The industry is talking about their earnings: Fannie Mae had $3.7 billion of net income, Freddie Mac had net income of $3.6 billion. Regular and frequent inf...
Weaker Start. Bonds Not Recovering With Oil So Far
The overnight and early domestic trading hours have brought a mix of familiar and unfamiliar patterns. Up until roughly 8:30am, we saw a very familiar correl...
‘Not the right time’: Retirees delay downsizing plans as ...
Falling home prices, high moving costs and a lack of suitable smaller homes are keeping many retirees in place, even as Canada’s aging population points to a...
Calgary home sales drop as supply improves and buyers pul...
Rising inventory is giving buyers more leverage and less urgency, with the condo segment seeing the steepest pullback
Some Volatility Surrounding Headlines, But Not Much Change
Some Volatility Surrounding Headlines, But Not Much Change Bonds began the day roughly flat before losing ground modestly into the 9am hour as markets m...
Mortgage Rates End Week on a Calm Note
Low volatility was the most obvious theme for mortgage rates last week. From April 14th through last Friday, the range for a top-tier 30yr fixed rate remaine...
Database Mining, Commercial, PPE, Lead Gen Tools; Non-Age...
The use of down payment assistance has risen sharply over the past year and a half, especially among FHA borrowers. Participation has jumped from 7.5 percent...
Rallying on Peace Hopes and Weaker Data
Bonds were almost perfectly flat during the overnight session along with oil and stock futures. Morning trading ushered in more volatility as the war-related...
Sagen profit slips in Q1 as claims rise and insurance mar...
Net income falls to $118 million as losses on claims more than double, while delinquencies edge higher
MCAN profit jumps on lending growth, securitization momentum
Net income rises 39% as uninsured lending, MCAP contribution and funding strategy drive results
HomeEquity Bank raises $200M through CHIP Mortgage Trust ...
Oversubscribed issuance underscores investor demand for reverse mortgage-backed funding
EQB boosts multi-unit lending amid push into rental housing
Lender funded $4.3B in insured multi-unit loans in 2025, with most tied to affordability-focused CMHC programs
Canadian economy tracking 1.7% annualized growth in first...
The Canadian economy bounced back in the first quarter after a softer end to 2025, with growth driven by an expansion in goods-producing industries.
Amnesty International report warns of deepening Indigenou...
A new report by Amnesty International warns that overcrowded and unsafe housing in an Atikamekw community north of Montreal reflects a broader crisis putting...
Trump blockade, Macklem comments cause Canadian bonds to ...
Canadian government bonds were hammered after the Bank of Canada’s top official raised the prospect of back-to-back rate hikes if energy prices cause broader...
Fed holds rates, three officials dissent against easing bias
Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by t...
Bank of Canada holds at 2.25%, says rate ‘looks appropriate’
The Bank of Canada held interest rates steady, saying adjustments to borrowing costs would be likely be small if the economy and inflation evolve as expected.
Mistakes to Avoid When Planning a Bathroom Renovation
Bathroom renovation mistakes can cost more than expected. A few smart decisions from the start can help homeowners avoid expensive missteps later. The post M...
Refined Exterior Upgrades That Transform First Impressions
Small exterior changes can make a big difference. Explore refined upgrades that enhance curb appeal and give your home a more elevated, polished feel. The po...
Expert Tips for Selecting Luxury Countertops
Discover expert tips for selecting luxury countertops that balance style, durability, and value while elevating your space with high-end design choices. The ...
The Wake-Up Call: What a Carney Majority Actually Means f...
(The Tax Squeeze, The Delusion, and The Multi-Trillion Dollar Gamble) Most Canadians were simply too busy trying to keep their heads above water to notice wh...
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