It seems that rising rates may coincide with higher market share for mortgage brokers. New BoC staff research finds that "an increase in the bond rate represents an increase in the cost of funding, and this is correlated with an increase in broker-use." But this report, released last

Fixed mortgage rates threaten to rain on the spring housing parade. They followed funding costs materially higher this week, all across the country. In one case, we saw a lender (QuestMortgage) boost its market-leading short-term rates by up to 105 bps.

A good chunk of the population needs a weak CPI print next Tuesday. They need a string of weak CPI prints. That's the only way mortgage rates will trend lower, and it's essential that rates find gravity before long. If they don't, credit defaults

Stateside inflation numbers can move Canadian mortgage rates, and today's could do just that. With the bond market desperate for new clues after worrisomely hot January jobs numbers, U.S. CPI came in mixed today.