For mortgage pros, these next 12 months may prove the most transformative—technology-wise—in our industry's history. That's not hyperbole. It's an unavoidable truth. AI is advancing technology and development so fast that the 1996–1999 internet frenzy feels unambitious by comparison. As a

💡A new Amortization Simulator is available here. In 2025, fixed mortgage rates dropped anywhere from 30 bps on the five-year fixed to 115 bps on the one-year fixed. And given how a key fixed-rate indicator closed out the year, one might say we were lucky to get that savings.

The Fed’s latest minutes, which Scotiabank says are "as stale as three-day-old turkey stuffing," were consistent with lower rates in 2026. And typically, the lower Fed funds go, the harder it is for the Bank of Canada to hike rates OTBE. But the meeting summary also revealed

💡See also: Mortgage Tidbits (below). Bond market volumes are expected to be thin for the final three trading days of 2025. With little on tap until Wednesday's U.S. jobless claims, yields are guided more by things like portfolio rebalancing and geopolitical headlines.