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It was such a dead calm with rates on Monday, we could’ve replaced our lender tracker with a virtual lava lamp, and nobody would've missed anything.

Mortgage Rates Steady: Rate Rumblings

It was such a dead calm with rates on Monday, we could’ve replaced our lender tracker with a virtual lava lamp, and nobody would've missed anything.

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As markets await Canada's election result, our 5-year bond is about as lively as a Tuesday night curling match. Meanwhile, democracy waits for no one, except people on the West Coast. The last polls in B.C. close at 10 p.m. ET. Given that Canadian yield data

5yr Yield Flat Before Election Results

As markets await Canada's election result, our 5-year bond is about as lively as a Tuesday night curling match.

Meanwhile, democracy waits for no one, except people on the West Coast. The last polls in B.C. close at 10 p.m. ET. Given that Canadian yield data isn't readily available after hours, that means we'll have to wait to see how bonds react in the morning.

Election aside, the main directional influences for Canadian yields today were:

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40: Now Average First-Time Buyer Age in Ontario

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It was a sleepy Friday for bonds. Canadian yields barely blinked after new retail sales numbers. Here were two of the catalysts moving the 5-year #GoC# on Friday, and their impact on direction.

5yr Yield Down 2 Bps After Mixed Retail Sales

It was a sleepy Friday for bonds. Canadian yields barely blinked after new retail sales numbers.

Here were two of the catalysts moving the 5-year #GoC# on Friday, and their impact on direction.

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Tariff Inflation "Not Sustainable": Daily Tidbits

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CIBC and TD have been dues-paying members of the "shrinking discount" club. The two megabanks sliced another 10 bps off their discounts from prime rate this week. Their moves are just the latest in an ongoing trend.

Variable Discounts Under Pressure: Rate Rumblings

CIBC and TD have been dues-paying members of the "shrinking discount" club. The two megabanks sliced another 10 bps off their discounts from prime rate this week. Their moves are just the latest in an ongoing trend.

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5yr Yield Down 5 bps on More Trade Blues

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MLN has just completed major reconstructive surgery on the News-Stream page. It's now the new express lane for all of MLN's mortgage updates. News-Stream is particularly handy if you like to scroll on your phone like it's a morning paper. You can give it

NEW: Alerts!

MLN has just completed major reconstructive surgery on the News-Stream page. It's now the new express lane for all of MLN's mortgage updates.

News-Stream is particularly handy if you like to scroll on your phone like it's a morning paper. You can give it a whirl here and slap a bookmark on it if you like.

These are all the newest features:

  1. News alerts — Bulletins are now listed as quick, easy-to-scan headlines that play nicely on a mobile phone.
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  1. More timely reporting — There's no more need to wait for full stories before we publish. Going forward, bulletins will go out as important news breaks. That means multiple updates throughout the day.
  2. Timestamps — Bulletins are now displayed in timestamped order.
  3. Faster navigation — To get around:
      • Click a headline to jump quickly to the story.
      • You'll see a short intro to the article.
      • If you want to read on, click on the image or the "Read More..." link.
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      • If you want to go back to the top, click "Back to Top."
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  1. Updateable stories — We know that some members preferred the full stories by email, but alas, this prevented MLN from getting stories out quickly (because we can only send one version and email per day). Unfortunately, there were also cases where the emails were being shared with non-MLN Pro professionals, which isn't cool for other members. And lastly, emailing full stories prevented them from being updated with vital new info, since we can't change what's already in someone's inbox.
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Sharing with referral sources and clients is still 100% encouraged if they're outside the mortgage industry. More on that...
  1. Daily summary — To spare your inbox from a digital snowstorm, we'll dispatch a single update at the end of each business day, neatly bundling all the day's bulletins. This kicks off today, April 24 (click here to see April 23's bulletins).

The News-Stream page is a live beta that'll keep getting optimized. If you've got thoughts, sharp opinions, or just want to say “why is this font judging me,” fire them off in the comments or email here.

We hope you enjoy it!

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