Demand for CMHC's multi-unit mortgage insurance skyrocketed 28.7% last year. Borrowers and lenders have increasingly relied on it to buy, build or refinance multi-unit rental properties. Unlike uninsured mortgages, CMHC multi-unit financing allows: * lower down payments * lower interest expense (lower rates) * easier debt servicing, thanks to stretched-out

💡See also: Mortgage tidbits below. Wednesday was a peaceful day on the Canadian macro front, but falling U.S. rates proved once again that Canadian bonds are easily distracted by shiny American objects.

Here's what swayed Canada's fixed-rate leading 5-year yield on Tuesday, and in which direction...

Did mortgage shoppers get short-changed this rate cycle? That's a question the National Bank of Canada (NBC) set out to answer in a new report. Its findings reveal that the prior three BoC cutting cycles delivered "much more relief" to fixed-rate borrowers. Before we delve into