Mortgage borrowers need rate relief like a desert hiker needs water, but the Bank of Canada is keeping rate cuts a mirage with no oasis in sight. The BoC extended its rate pause today as expected—but moved the goalposts. The Bank now projects "that inflation will stay around

For weeks, the buzz in bond circles has been dominated by speculation the U.S. 10-year Treasury would hit 5%. It finally did just that on Monday—for the first time since 2007—before collapsing by yesterday's close. Its u-turn lower was forceful, resulting in a key reversal

Nowhere do you hear more mortgage horror stories than in the Wild West of private lending. Stories abound of private lenders hitting borrowers with egregious fees or suddenly demanding repayment from borrowers who've paid as agreed but have few other options. Indeed, while private lenders are a lifeline

The Competition Bureau fed Canadians to the wolves when approving RBC's takeover of HSBC, and Conservative Leader Pierre Poilievre wants people to know it. “We have far too much" concentration in mortgage lending, Poilievre told BNN Bloomberg today. "We have these monstrous, government-protected behemoths that dominate