Equitable Bank has reportedly been sending out emails to a small number of 'B' customers, asking them to requalify at renewal. At least some of the borrowers in question have apparently never even defaulted. This begs the glaring question: Why? Here's what Equitable Bank told us

Market share matters for mortgage brokers in ways that barely need explaining: * Brokers, as a group, have higher public recognition and earning potential as their pie slice gets bigger. * Lenders servicing brokers make more money. * Mortgage shoppers become better informed as broker interactions grow. In turn, a more enlightened mortgage

When a mortgage borrower comes up for renewal, lenders don't leave that renewal to chance. More than ever, it's a chess match with lenders using cutting-edge tech to determine: (A) How hard it'll be to retain that customer, and (B) How sweet their offer

Rate markets care as much about what people think inflation will do as what inflation is actually doing. This explains the fervent wait for the Bank of Canada's quarterly inflation outlook report. Well, the Q2 numbers are finally out, and their influence on mortgage rates could be filed