Industry bellwether DLC Group is the poster child for what happens when interest rates soar. Its funded volumes plunged 41% last quarter, compared to Q1 2022's record numbers. Its revenue dove 32% to $11.6 million.

Last May, mortgage fintech Pine.ca took in $27 million from investors who bet it would "disrupt" Canada's mortgage business. We were nosy about how that was coming along, so MLN caught up with Justin Herlick, Co-founder and CEO of Pine Canada Financial Corporation. He was

This week, the lowest nationally-available variable, 2-year fixed and 10-year fixed, are all lower. Once again, borrowers have Nesto to thank. The online lender seems to be on a market share mission as of late. Of particular interest is Nesto's 10-year fixed at 4.99% for insurable loans

"Inflation is coming down…. It's going to be 3% this summer, we think."—Bank of Canada's Tiff Macklem Canada's 5-year yield rose five bps last week, nothing major. Spunky jobs data was the main reason. Employment reports are backward-looking, however, while markets