💡See also: Mortgage Tidbits (below) Floating mortgage rates got a haircut on Wednesday, but fixed-rate funding costs went the other direction. That's not unusual in the latter stages of rate cut cycles, especially when core inflation treats policy targets as optional.

💡See also: • Underlying Inflation Stays Hot, Yet Rate Cut Odds Stay Hotter • Mortgage Tidbits (below). Tuesday's inflation data was quickly shelved as traders prepared for whatever cryptic pronouncements the BoC and Fed might deliver come Wednesday's press circus. We all share essentially the same data as

💡See also: Rising Job Losses Trump Inflation. Fed Cuts 25 Bps Welp, people might not be able to afford steak at the grocery store anymore, but at least floating borrowing costs dropped. So now that the overwhelmingly anticipated 25-beep cut arrived on cue, what does the BoC have planned for

If there's one MortgageLogic.news story that should be circled, highlighted, and laminated, this is it. What follows is a cornerstone of mortgage planning, and that's no exaggeration, because by ignoring it, a mortgage advisor has failed their clients. No ifs, ands, or buts—just a