💡See also: Mortgage Tidbits (below). With the U.S. government entering day two of its shutdown, there's no end in sight. Markets are forced to divine macro trends the way gamblers pick horses: with plenty of faith and not much data. All federal data releases—including weekly jobless

💡See also: Mortgage Tidbits (below). With Washington “closed until further notice,” bond markets are left scavenging for clues in private-sector data. First out of the gate was Wednesday's ADP payroll report. And let’s just say, if this were a movie, critics would be walking out at intermission.

💡See also: Rising Job Losses Trump Inflation. Fed Cuts 25 Bps Welp, people might not be able to afford steak at the grocery store anymore, but at least floating borrowing costs dropped. So now that the overwhelmingly anticipated 25-beep cut arrived on cue, what does the BoC have planned for

If there's one MortgageLogic.news story that should be circled, highlighted, and laminated, this is it. What follows is a cornerstone of mortgage planning, and that's no exaggeration, because by ignoring it, a mortgage advisor has failed their clients. No ifs, ands, or buts—just a