MLN NewsStream

The last time 5-year fixed rates were this close to 4%, ChatGPT wasn't even a thing. And here we are, with the insured variety now as cheap as 4.19%.

With a decent U.S. PCE inflation report on Friday and #dovish# jobs data next week, 3.99% insured rates could be winking at us as soon as next month.
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Shared equity provider, Ourboro, is running a high-stakes pilot with an "A" lender (reportedly a bank). If the test is successful, it could catapult the co-ownership company to the next level and propel a new market segment. Here's why...

The world's leading central bank says it's ready to usher in the mythical creature known as "lower Fed Funds rates" to combat mounting unemployment.

And when it finally pulls the plug on its 5.375% policy rate in four weeks, the falling global rate tide could lower all boats—including Canada's.

That, not surprisingly, has implications for mortgage term selection, as laid out in this week's MLN Minute.