The in-house lenders of major U.S. homebuilders are buying down mortgage rates like they're in a frenzy. It's become their go-to strategy to move new homes. For example, America's largest homebuilder, D.R. Horton, offers rates a whopping 150 bps below the market.

In a world where cheering for unemployment feels as wrong as anchovies on pizza, history has a twisted way of saying, "You want lower rates? Well, it's gonna cost you - jobs!" And in today's episode of 'As the Economy Turns', we&

Congrats to every financially stable borrower who got a 5-year fixed this month – you are philanthropists who generously donated to your lender's “We Love Your Money” foundation. And be sure to attend the next meeting of the "I Didn't Do the Math" club. It&

A Department of Finance official confirmed on Friday that the six Canadian Mortgage Charter (CMC) provisions are expectations (she called them "rules") but most won't be regulations. The official wouldn't commit to saying banks had to follow all six rules, but they are "