MortgageLogic.news (Page 8)

Trump's Anti-Canada Tariffs Shot Down By Court (Updated)

Robert McLister May 29, 2025 8:14 AM ET

Late Wednesday, a U.S. trade court ruled several of Trump's tariffs unconstitutional. At first glance, this looks like a win for Canada. The court slapped an injunction on most tariffs (more on that). However, the automotive, steel and aluminum duties survive, according to Capital Economics. Before the

OSFI Update on Stress Test Decision Timetable

Robert McLister May 28, 2025 12:14 AM ET

Canada's mortgage market eagerly awaits the final verdict on whether regulators will replace the federal mortgage stress test (a.k.a., "MQR") with their new loan-to-income (LTI) test. On Tuesday, MLN got new intel on this from our banking gatekeepers. The regulator told us:

Foreign Investors Keep Mortgages More Affordable

Robert McLister May 27, 2025 6:48 PM ET

The Finance Department and Bank of Canada better keep those foreigners happy. That's the takeaway from a National Bank report that showed foreign investors now control ~36% of our federal debt. The long-term average is 23%. Foreign investors bought a record $91 billion worth of Canadian IOUs (bonds

Why 5-Year Fixed Rates Are Still in the Driver's Seat

Robert McLister May 27, 2025 5:18 AM ET

For anyone picking a mortgage term based on market-projected forward rates and today's best offers *, floating looks about as appealing as a tax audit. The implied upside (i.e., the probability of maximizing savings with a variable) is too limited. As students of interest rates are aware, however,

Rates Diverge for Insured and Uninsured Borrowers

Robert McLister May 26, 2025 10:41 PM ET

Trump's Anti-Canada Tariffs Shot Down By Court (Updated)

OSFI Update on Stress Test Decision Timetable

Foreign Investors Keep Mortgages More Affordable

Why 5-Year Fixed Rates Are Still in the Driver's Seat

Rates Diverge for Insured and Uninsured Borrowers

5yr Yield Down 3 Bps in Listless Session

5yr Yield Up 3 Bps After U.S. Jobs Beat

U.S. Jobs Defy Expectations With Upside Surprise