Scotiabank, the '800-pound gorilla' of mortgage broker lenders, is making it more challenging to get its Scotia Total Equity Plan (STEP) readvanceable mortgage. And that leaves a product gap for both brokers and Scotia retail reps.

The last time 5-year fixed rates were this close to 4%, ChatGPT wasn't even a thing. And here we are, with the insured variety now as cheap as 4.19%. With a decent U.S. PCE inflation report on Friday and #dovish# jobs data next week, 3.99%

Shared equity provider, Ourboro, is running a high-stakes pilot with an "A" lender (reportedly a bank). If the test is successful, it could catapult the co-ownership company to the next level and propel a new market segment. Here's why...