The two biggest puppeteers of mortgage rates tugged on the same string Wednesday. The Bank of Canada and the Fed both conveyed hawkish vibes and chopped short-term lending rates a quarter-point. Wednesday's rate savings will save a typical borrower anywhere from roughly $13 to $20 a month per

💡See also: Mortgage Tidbits (below). 'Twas the night before rate decisions and all through the house, not a bond trader was stirring, not even their mouse. In other words, the pre-decision calm on Tuesday was so absolute you could hear a bond coupon drop. Leading up to today’s

💡See also: Mortgage Tidbits (below). Markets appeared largely unfazed by Trump’s latest outburst targeting Canada, despite his new 10 per cent tariff hike. Perhaps it’s because most of the damage is already done.

Well that went sideways pretty quickly. A few weeks ago, PM Carney was happily suggesting we'd see an interim trade deal with the Americans in a matter of “weeks.” All of a sudden, Trump has scrapped the talks entirely, plus slapped another 10% tariff on Canadian imports for