If you make a living in mortgages, your life is basically one long juggling act with prospecting, client service and admin work all demanding to be the priority. To many, the daily minutiae of economics feel like noise they can do without. We get it. But here's why

Reverberations from Wednesday's policy rate changes remain surprisingly muted, and the reason is simple: the macro road ahead is foggy, and central banks' headlines don't work. Policymakers have become slaves to data releases—even more so than usual. That could leave rates somewhat adrift until

💡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: 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