Even with today's lowest "A" lender rates, getting positive cash flow out of most new rentals is like milking a stone. And, it gets that much harder when you borrow at non-prime rates north of 6%. That's partly why elevated rates are hammering investor-heavy

Canada's rate outlook shifted a bit after Wednesday's BoC rate cut, and that shift benefits rate floaters. To paint the picture, here's a hot-off-the-press chart of the forward rate outlook from CanDeal DNA.

Canada's stretched-thin homeowners caught another break from our central Bank today. Team Macklem dialled back the overnight rate to a breezy 4.50%, setting up a drop in benchmark prime to 6.70% tomorrow. The move will:

Artificial intelligence isn't new to Canada's mortgage industry. It's been around since at least the mid-1990s. CMHC was an early adopter of AI-like systems in 1996 with its revolutionary emili automated default insurance underwriting system. emili zapped approval times from snail-paced days to lightning-fast