If you're a mortgage advisor seasoned enough to recall the "good old days," you'll surely remember the arduous process of finding suitable lenders for clients. It was an era defined by quaintly archaic tasks, like: * manually scanning endless product guides * pouring through neverending rate

Let's start with some good news. After weeks of nail-biting amid surging rates, Canadian bond yields have graciously returned to their August starting point, shedding 26 basis points from last week's 16-year high. That's some welcome relief, however temporary it may be.

The difference between insured and uninsured mortgage rates is wider than a canyon nowadays. That’s creating unusual scenarios where it’s actually cheaper for a #low-ratio# borrower to buy #transactional insurance# and get a default-insured mortgage than to pay a higher uninsured rate. 💡For the uninitiated, the lowest mortgage

The Bank of Canada isn't in the habit of hiking, pausing, hiking, pausing and hiking some more. If the past is any guide, it prefers to make necessary adjustments to monetary policy in tight bunches.