💡Also in this edition: • The latest from RateLand • The Value Zone (with new fixed-variable research from Desjardins) • Mortgage Bytes Toronto-based mortgage broker 8Twelve Mortgage Corporation has just scored a lucrative long-term revenue-sharing pact with NerdWallet (Nasdaq: NRDS). San Francisco-based NerdWallet is a global financial information juggernaut. In Canada, it competes

When the public thinks about where to get a mortgage, MCAN doesn’t pop up on most radars. However, for status brokers in the know, MCAN is sometimes invaluable for ultra-rate-sensitive insured clients. It also fills some quirky non-prime niches. And then there's its stock. Investors know MCAN

CMHC has massively undercut private default insurers on 30-year insured amortizations. Effective August 1, Canada's housing agency will be charging just 20 bps extra for insured first-time buyers who want a 30-year am. That's dialling all the way back to what CMHC charged in 2012, the

Canadian borrowers will be toasting the BoC from coast to coast, having waited for this day since the first hike 27 months ago. Odds are, today's 25 bps cut is just the appetizer. The Bank expects it to start a string of easing—one that markets anticipate will