🗞️Also below: • The Unemployment Illusion & Its Rate Effect • Mortgage Bytes Any mortgage pro will tell you, there's no shortage of options for borrowers who can't, or don't want to, qualify for a mortgage the old-fashioned way—i.e., using traditional bank guidelines and

A sharp-minded MLN reader asked two important questions yesterday that deserve a broader response: #1. "With U.S. consumers fueling the economy through credit—and not feeling the effects of the rate hikes due to long mortgage terms—couldn't that potentially push rate cuts out in the

If you're waiting for lower mortgage rates, here's a number to remember: 0.89. That's the correlation between Canadian and American inflation this millennium. At a time when U.S. GDP and payrolls are trouncing estimates, that number matters. Economic strength flows over the

Over 300 individual private lenders are reportedly caught up in the collapse of a would-be real estate empire. The property portfolio totals hundreds of rental units, assembled partly by internet personality and self-promoted "successful investor," Dylan Suitor. More than $144 million of leverage was used. Much of that