💡Reader note: The March 1 Rate Simulator update is live with the latest forward rate outlook. Download here. The First Time Home Buyer Incentive was a policy flop, and now, thankfully, it's flopping off the radar. In a sudden change, CMHC announced that the last date for new

🗞️Also below: • The Unemployment Illusion & Its Rate Effect • Mortgage Bytes Any mortgage pro will tell you, there's no shortage of options for borrowers who can't, or don't want to, qualify for a mortgage the old-fashioned way—i.e., using traditional bank guidelines and

A sharp-minded MLN reader asked two important questions yesterday that deserve a broader response: #1. "With U.S. consumers fueling the economy through credit—and not feeling the effects of the rate hikes due to long mortgage terms—couldn't that potentially push rate cuts out in the

In the world of lending, second mortgages are the middle children—often overlooked. Few federally regulated lenders even sell second mortgages, but Community Trust Company (CTC) is one of them. The company recently announced that it expanded the list of lenders it lends behind. CTC now offers second mortgages to