If you're a broker whose client database is measured in Gigabytes and whose business succession plan is “the kids can fight over it after I’m on the golf course in the Caribbean,” feel free to ignore this story. If, however, you think compelling, one-of-a-kind, online mortgage experiences

For the time being, Scotiabank has shut the door—and double-bolted it—on discretionary broker-channel rate discounts. Brokers are stuck quoting off Scotia's rate sheet, and any sweeter deal comes straight out of their own commission cheques via buydown. But that's just the half of it.

💡See also: Carney’s Budget Passes, And Housing Starts Pass Out As you might have recently read, Scotiabank is calling for a rate hike in the back half of next year. It's a spirited call, albeit a shot-in-the-dark one, given so many things could radically alter the BoC&

💡See also: Yields Hold Firm After Slight CPI Surprise It seems there's a growing crowd waiting for the trap door to fall out in Canadian real estate. October defied those expectations, however, with benchmark prices edging 0.2% higher after falling in 8 of 9 previous months. It