Canadian and U.S. yields diverged on Wednesday, driven by two releases: the BoC's Summary of Deliberations, which radiated uncertainty, and a U.S. jobs report that came in hotter than expected. None of it presents near-term threats to mortgage rates. 💡Tidbits are now updated all throughout the

In a week devoid of meaningful Canadian data, the spotlight has swivelled south. Yesterday, bond markets spent most of their time stewing over a weaker-than-expected U.S. retail sales report. That, plus more Trump-Canada squabbling (this time over a bridge), brought out the bond buyers. Now all eyes shift to

💡Also in this edition: • Arrears Are Cyclical. Don't Act Like It’s News • 98% Financing Just Rolled into Nova Scotia • As Cars Get Pricier, Mortgages Get Harder Mortgage rates aren’t hanging out at 1.99% anymore, but make no mistake, they're still priced aggressively. The