The BoC held the line on rates this morning, and nobody had to feign astonishment. Heading into the decision, overnight swaps were pricing a 94% chance of no move, leaving the remaining 6% for the people who still bet on lottery tickets. "Employment has shown solid gains in the

💡See also: Mortgage Tidbits (below). Markets already (think they) know what we'll get from the BoC and Fed today. The suspense lies in what tone central bankers will take with their rate decisions. We don't expect either of them to commit to much, with 2026 trade

For mortgage brokers and direct-to-consumer lenders who: (A) market online, and (B) want more leads ...2026 could turn their marketing upside-down, more so than any year in history. Starting next year: * Answer engines (AEs) like ChatGPT, Gemini, and Perplexity will steal far more queries from traditional search engines. * More AEs

💡See also: Mortgage Tidbits (below). Monday brought a light data docket but a heavy dose of central-bank anticipation. It also saw a slew of fixed-rate hike announcements from across the land.