Weekly Digest———July 25th, 2024 Partner Trip for 2025April (Spring) 2025, our annual realtor trip will be held in Nashville, Tennessee.Qualifying is easy. Send $1,500,000 in total closed mortgage business to automatically qualify.To date, we have 3 realtors who have already qualified. Bank of CanadaCheaper mortgages are on...
Weekly Digest———July 17th, 2024 Partner Trip for 2025April (Spring) 2025, our annual realtor trip will be held in Nashville, Tennessee.Qualifying is easy. Send $1,500,000 in total closed mortgage business to automatically qualify.To date, we have 3 realtors who have already qualified. Canadian Inflation NumbersCanadian Inflation came in...
Weekly Digest———July 12th, 2024 Partner Trip for 2025April (Spring) 2025, our annual realtor trip will be held in Nashville, Tennessee.Qualifying is easy. Send $1,500,000 in total closed mortgage business to automatically qualify.To date, we have 3 realtors who have already qualified. Employment DataCracks in the labour market...
Weekly Digest———June 27th, 2024 Partner Trip for 2025April (Spring) 2025, our annual realtor trip will be held in Nashville, Tennessee.Qualifying is easy. Send $1,500,000 in total closed mortgage business to automatically qualify. CPI ReleaseThe July cut may now be on shaky ground. Headline inflation jumped up to...
Weekly Digest———June 20th, 2024 Partner Trip for 2025April (Spring) 2025, our annual realtor trip will be held in Nashville, Tennessee.Qualifying is easy. Send $1,500,000 in total closed mortgage business to automatically qualify. Rate Psychology Moving ForwardBond yields are falling, which is helping fixed rate pricing.Since May 29th,...
Weekly Digest———June 6th, 2024 Bank of Canada AnnouncementSince the first hike occurred 27 months ago, the day is finally here. Bank of Canada cuts rates by 0.25%. The decision was made to hopefully dodge an even bigger economic iceberg that is on the horizon. From Capital Economics...
Weekly Digest———May 22nd, 2024 Inflation ReportHeadline inflation rate is down to 2.7%. The drop was helped by a 0.2% m/m fall in food prices, which offset some of the rise in gasoline prices. With gasoline prices falling in May, there will be more downward pressure on...
Weekly Digest———May 10th, 2024 Job ReportingWith the US Job numbers coming in below expectations on Friday, rate market projections quickly shifted over the weekend. US unemployment is now at 3.90%, 175,000 jobs were added and wage growth was 0.20%. All three undershot expectations.Canada’s job data arrived...
Weekly Digest———May 3rd, 2024 US AnnouncementIt's increasingly looking like Canada's first rate cut will be either June 5 or July 24. We would be a lot more confident of the timeline if it weren't for the U.S. timetable being pushed back. From Wednesday’s meeting, it appears...
Weekly Digest———April 23rd, 2024 Partner Appreciation Trip - 2023-2024Our annual partner trip is wrapped up from sunny Las Vegas.Reminder, to qualify for 2024-2025 trip, send $1,500,000 in advanced mortgage volume. Location to be confirmed soon! Bond Yields on the RiseCanada's 5-year yield is up again this week,...