Trump and Carney's much-anticipated first encounter is over. In a display of diplomatic restraint, the two leaders managed a meeting that was both productive and devoid of verbal fireworks, so that's a positive. Here are some of the highlights, complete with mortgage implications:

There's been quite a lull on the national rate leaderboard, but a pulse was detected on Monday. There were four moves among the rate leaders, the most in two weeks. Among the notable changes:

It was such a dead calm with rates on Monday, we could’ve replaced our lender tracker with a virtual lava lamp, and nobody would've missed anything.

CIBC and TD have been dues-paying members of the "shrinking discount" club. The two megabanks sliced another 10 bps off their discounts from prime rate this week. Their moves are just the latest in an ongoing trend.