Rental investors take note. The nation's sole default insurer for 5+ unit rental properties plans to make insured borrowing more expensive. Check out these fat premium hikes below. They take effect June 19, 2023 and apply to CMHC's Standard Rental and MLI Select products.

Since rates peaked in the early 1980s, there have been six Fed hiking cycles. Those cycles have lasted about 20 months on average. So far, we're 13 months into this one, and markets think we have just one hike left.

Legions of potential homebuyers are waiting for lower mortgage rates. After yesterday's Fed meeting, their wish may be closer to coming true. The Fed boosted its key rate 25 bps to 4.875%. But the bigger news was its new projected rate path, and the market's

"Until last year, most fixed-rate borrowers didn’t even consider anything other than a 5-year term," says MCAP SVP, Megan McDonald. But with rates doing a moonshot, she says brokers "have been looking for an alternative to 5-year terms." So MCAP gave it to them — in