💡See also: Mortgage Tidbits (below), including fresh mortgage findings from Equifax Canada. Fed rate watchers took notice of Thursday’s jobless claims data. The numbers reinforced the narrative of a U.S. labour market that may be losing some spring in its step.

💡See also: Mortgage Tidbits (below). Wednesday's Central Bank Fest went exactly as scripted: 1. The Bank of Canada froze its overnight rate at 2.25%. 2. The Fed injected another 25 bps of stimulus into the system. 3. Both central banks took a cautious stance on future moves.

💡See also: Mortgage Tidbits (below). Markets already (think they) know what we'll get from the BoC and Fed today. The suspense lies in what tone central bankers will take with their rate decisions. We don't expect either of them to commit to much, with 2026 trade

💡See also: Mortgage Tidbits (below). Monday brought a light data docket but a heavy dose of central-bank anticipation. It also saw a slew of fixed-rate hike announcements from across the land.