It's no secret that average mortgage amounts surged in the last decade. The chart below illustrates that well. But those rising balances hide an important fact, as noted in a recent report from RE/MAX.

Institutional traders believe the Bank of Canada is approaching a cul-de-sac on rates. Overnight index swaps price in two full cuts by October and almost one more in December. It wouldn't be the first time this year that markets made this "prediction," so to speak. The

Bond yields surged early in the week as banking worries gave way to inflation worries. But thankfully, we ended March with better-than-expected U.S. PCE data. That took inflation anxiety down a notch (more on that below). If you're a Canadian rate watcher, you know that U.S.

💡Reader note: MLN's weekly rate roundup and updated Amortization Simulator will follow later today. The government’s latest answer to housing unaffordability — giving first-time borrowers more tax breaks to build a down payment — has officially launched. It’s called the First Home Savings Account (FHSA), and in a