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Bank of Canada Stays Put (Update 3)

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With rate holds all but assured by both central banks, bond yields danced to the tune of global capital flows, which have become anything but normal.

5yr Yield Climbs 3 Bps as Commodities Surge

With rate holds all but assured by both central banks, bond yields danced to the tune of global capital flows, which have become anything but normal.

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White House theatrics, not economic data, pushed yields lower to start the week. Markets grappled with recycled tariff threats, another looming U.S. government shutdown, and the usual grab bag of global unease.

5yr Yield Slides 4 Bps on Trump Risk Premium

White House theatrics, not economic data, pushed yields lower to start the week. Markets grappled with recycled tariff threats, another looming U.S. government shutdown, and the usual grab bag of global unease.

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Reverse mortgage holders are being paid to change lenders, fresh products are on the way, and loan sizes could run into resistance if home prices lose their swagger. That plus more in these reverse mortgage quick hits...

Reverse Mortgage Competition Gets Spicy

Reverse mortgage holders are being paid to change lenders, fresh products are on the way, and loan sizes could run into resistance if home prices lose their swagger.

That plus more in these reverse mortgage quick hits...


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Yields start today on the back foot after Trump threatened "Governor Carney" with a 100% tariff if Canada “makes a deal” with China. Apparently, Trudeau isn’t the only prime minister Trump can diplomatically disrespect. Setting that circus aside, Friday’s subdued data releases did little to move

Trump Trolls Canada, Oil Jumps, Bond Markets Barely Blink

Yields start today on the back foot after Trump threatened "Governor Carney" with a 100% tariff if Canada “makes a deal” with China. Apparently, Trudeau isn’t the only prime minister Trump can diplomatically disrespect.

Setting that circus aside, Friday’s subdued data releases did little to move bond markets. The U.S. and Iran confrontation had the most effect, pushing oil prices higher while yields quietly edged lower.

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The broker network business is as cutthroat as any. Firms trip over themselves to attract producing brokers, and these companies have learned that "exclusives" sell. To date, the biggest exclusives have centred around lenders, like DLC's HSBC deal, M3's National Bank pact, and DLC&

TMG/Homie's Partnership + the Arms Race in Broker Tech

The broker network business is as cutthroat as any. Firms trip over themselves to attract producing brokers, and these companies have learned that "exclusives" sell.

To date, the biggest exclusives have centred around lenders, like DLC's HSBC deal, M3's National Bank pact, and DLC's Equitable Bank (prime) partnership.

But more and more, broker networks are promoting members-only access to proprietary lead-gen tools, CRMs, and so on. They use such tech as differentiators in recruiting/retaining brokers.

One example, which you might have heard about lately, is Homie. It just did an exclusive with TMG and its 1,700+ agents.

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We covered Homie's features back in August here.

In short, Homie is an app that coaches young/unqualified homebuyers to understand their finances and build mortgage readiness. It stays engaged with clients while they build their income, credit, and down payment, right up to the moment they’re finally ready to speak with a broker.

Why TMG did this deal (the bigger picture)

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Thursday’s economic releases suggested stability in the U.S. economy, but deteriorating Carney-Trump relations are stealing the attention of rate traders.

Markets Shrug at Data, Stare at Carney-Trump Drama

Thursday’s economic releases suggested stability in the U.S. economy, but deteriorating Carney-Trump relations are stealing the attention of rate traders.

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💡See also: Mortgage Tidbits (below). With no major economic data released today, jittery bond markets–still reeling from Tuesday’s brutal selloff–were left at the mercy of more political posturing. A measure of calm returned (for now) after Trump called off his latest tariff threats.

Trump's Tariff U-Turn Calms Jittery Bond Markets

💡
See also: Mortgage Tidbits (below).

With no major economic data released today, jittery bond markets–still reeling from Tuesday’s brutal selloff–were left at the mercy of more political posturing. A measure of calm returned (for now) after Trump called off his latest tariff threats.

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