Most Canadians planning to buy a home in the next 12 months aren't too confident about their qualifications. According to a new RATESDOTCA/LEGER survey: * 7 in 10 claim they're concerned they may not qualify for the mortgage amount they want. * 1 in 3 was "

Bond yields surged early in the week as banking worries gave way to inflation worries. But thankfully, we ended March with better-than-expected U.S. PCE data. That took inflation anxiety down a notch (more on that below). If you're a Canadian rate watcher, you know that U.S.

💡Reader note: MLN's weekly rate roundup and updated Amortization Simulator will follow later today. The government’s latest answer to housing unaffordability — giving first-time borrowers more tax breaks to build a down payment — has officially launched. It’s called the First Home Savings Account (FHSA), and in a

This week, capital markets executives were alarmed by an esoteric blurb buried deep in Tuesday’s federal budget. In that passage, the government hinted at terminating the $260 billion Canada Mortgage Bond (CMB) program. For lenders—especially non-deposit-taking bank competitors—that could be a problem. They rely on CMBs to