Remember Properly, that realty site that made guaranteed offers to home sellers? What a great idea that was...until it wasn't. Earlier this year, Properly ditched its "Sale Assurance" offering, its claim to fame, due to “unprecedented volatility in the Canadian housing market.” And there went

The other day, I heard a bond trader irreverently explain bond market action by coining the acronym: ISS. a.k.a. "It's supply, stupid." What it means is that bond traders are rapidly recalibrating their rate expectations, given the avalanche of supply hitting the government debt

ℹ️Reader note: Due to the holiday, the latest Amortization Simulator will be available Tuesday evening, once we receive the latest forecast curve data from CanDeal DNA. Today's Mortgage Bytes follow below. Canada's banking watchdog is increasingly nervous about lender exposure to commercial real estate (CRE)

💡MLN's latest Mortgage Bytes follow below. The other day a Global News newsletter subscriber stopped me on the cyber-street and asked if accelerating principal repayment is worth it. I'm sharing the answer here in case readers come across similar questions...or need an idea for a