- Mortgage rates declined this week for the first time in three months, but it may be short-lived. CTV Story
- Laurentian Bank launched two new mortgages: a 7% cash back mortgage and an adjustable rate product tied to their 6-month mortgage rate.
- The U.S. Federal Reserve may impose new restrictions on “liar loans” (a.k.a. “no doc” mortgages) that allow people to get mortgages without proving income. Canadian Business Story