📰Also in this edition: • What the blockbuster immigration news means for real estate • Mortgage Bytes Well fancy this: a government watchdog is taking underdog borrowers under its wing. In a submission today to the Department of Finance, Canada's Competition Bureau (CB) defended unfairly treated mortgage switchers, saying it

💡Reader note: Stay tuned for tomorrow's MLN exclusive with Scotiabank's new mortgage head, Tracy Gomes. She outlines the bank's broker and digital mortgage plans for 2024. The Bank of Canada is feeling tension after Tuesday's frustrating inflation data. But economists never expected

Rate cut optimism took a temporary detour today as inflation decided to stick it to economists. Instead of falling to 2.9% as Bay Street's number crunchers expected, it parked itself stubbornly at 3.1%. The average core inflation reading was 3.45%, also refusing to budge from

Out of the myriad of economic data, #CPI# is what matters most. And we made solid progress today. The question is, when will mortgage rates catch on? What CPI did Headline inflation, which usually hogs the spotlight, fell to 3.1% in October from 3.8% the prior month. But