💡If these bulletins impart a trifle of value in your daily life, your support for CMP's 'Industry Service Provider of the Year' would be sincerely appreciated! CMP accepts nominations here. Canada's closely-watched 5-year bond yield is suddenly 38 bps higher year-to-date. That's

After almost 18 years, the man who built Scotiabank’s mortgage broker business retired last month. John Webster’s departure and Scotiabank’s pullback from mortgages last year left some wondering how committed the bank was to brokers and rate competitiveness. To find out, we connected with the person stepping

💡Reader note: Stay tuned for tomorrow's MLN exclusive with Scotiabank's new mortgage head, Tracy Gomes. She outlines the bank's broker and digital mortgage plans for 2024. The Bank of Canada is feeling tension after Tuesday's frustrating inflation data. But economists never expected

Predicting lower rates has become a national pastime. With millions of mortgage shoppers becoming armchair forecasters, rate-cut expectations have led to a higher-than-normal share of Canadians considering short-term mortgages. Yet, for months, such borrowers have been frustrated by the fact that longer-term rates (e.g., 5-year terms) have fallen much