Worrying about mortgage burdens late in life is becoming a national pastime. With Canada's oppressive cost of living and tax burdens, plus poor savings habits, homeowners increasingly fear their mortgage will outlast them. While such realities may keep people in debt longer and boost industry mortgage volumes, it’

Many mortgage experts can ballpark debt ratio calculations in their heads. Meanwhile, first-time buyers often don't know the difference between GDS and GPS. That's a problem that Canadians need to solve every time they go home hunting. Usually, they call a broker or lender to tell

Inflation gave the rate market a breather, undershooting estimates on both headline and average core measures. But this is not a dovish report. Thus, Macklem’s finger is probably closer to the snooze button than the rate cut button.

💡See also: Mortgage Tidbits (below). Canadian rates nudged higher ahead of the most critical report of the month: domestic CPI. Bay Street expects the key inflation gauges to keep drifting apart, with a: * 1-tick slowdown in headline inflation to 1.8% (prior 1.9%) * ½-tick acceleration in average core inflation