Fed chair Powell is like the James Bond of central banking – licensed to thrill. And did he ever. The Fed banker with the golden gun started the rate festivities early this week, leaving mortgage originators feeling like they just hit the jackpot. The 2-year #GoC# yield—which often front-runs BoC

📰Canadian 5-year yields hit half-year lows following Fed announcement. It was a bombshell down in Washington D.C. today. The U.S. Federal Reserve has just signalled that liquidity will return to the mortgage market in 2024. In a policy swivel that few saw coming, Fed chief Jerome Powell confirmed

💡OSFI left its minimum qualifying rate (MQR) at 5.25% on Wednesday. Details below... Trying to bring inflation back to 2% is starting to feel like trying to lose weight over the holidays—tough sledding. Wednesday's U.S. CPI report was a reminder of that. Headline inflation ticked

For many in the business, 2023 was to the mortgage sector what pigeons are to statues. Fortunately, the slate wipes clean in less than a month. With rate relief on the horizon and December volumes as slow as Toronto traffic, there's no better time to strategize on expanding