While softer Canadian manufacturing, oil prices and home sales data yanked yields lower, a stronger-than-expected U.S. labour market, coupled with the Trump/Fed feud, offset the decline.

💡See also: Mortgage Tidbits (below). Yields fell across the board as markets chewed on U.S. retail sales and producer price data, stocks mostly slipped, and geopolitical nerves sent investors scurrying toward safe-haven assets.

With oil prices near 4+ year lows, many rate-watchers are pondering what that means for mortgage rates. The reality is it's a complex relationship. Oil price moves aren't “good” or “bad” in a consistent way. Whether oil causes monthly payments to shrink or swell boils down

The BoC held the line on rates this morning, and nobody had to feign astonishment. Heading into the decision, overnight swaps were pricing a 94% chance of no move, leaving the remaining 6% for the people who still bet on lottery tickets. "Employment has shown solid gains in the