It feels like just yesterday that "higher for longer" was the going cliché in economic circles. After Tuesday's CPI improvement, however, people might flip that phrase on its head. Borrowers got the CPI print they needed to pave the way for a BoC cut on July

Mortgage lenders commonly ask applicants for Canada Revenue Agency (CRA) income documents like Notices of Assessment (NOAs). They do so to confirm income (typical for self-employed borrowers), make sure no taxes are owed, and help mitigate fraud and human error. But borrowers don't always keep their financial life

Housing bears are on their "I told you so" tour after the first rate cut in this easing cycle—claiming it barely gave a nudge to Canada's mortgage and real estate markets. They point to today's CREA data, which showed the benchmark home value

💡Also in this edition: • Latest from RateLand • The Value Zone • Mortgage Bytes Anyone who cares about property values needs to care about population values. When household formation outpaces housing formation, real estate markets fly as high as a kite, and vice versa. Since the Liberals announced their non-permanent resident (NPR)