housing market slowdown

Mortgage refinance demand plunges 19% after interest rates shoot higher

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Mortgage Refinance Demand Plunges 19% After Interest Rates Shoot Higher

Mortgage Refinance Demand Plunges 19% as Interest Rates Surge to Highest Levels Since Late 2025 Mortgage refinance demand plunges 19%, interest rates shoot higher, MBA weekly mortgage applications, 30-year fixed mortgage rate increase, refinance applications drop — these terms are trending as fresh data shows a sharp reversal in the housing market’s early-2026 momentum, with … Read more

Labour productivity falls 1% in Canada, most since 2022

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Labour Productivity Falls 1% In Canada, Most Since 2022

Canada’s Labour Productivity Drops 1% in Q2 2025, Steepest Decline Since 2022 A Sharp Setback for Economic Growth Canada’s economy took a hit as labour productivity fell 1.0% in the second quarter of 2025, marking the largest quarterly decline since Q4 2022 (-1.1%), according to Statistics Canada. This drop, reported on September 3, 2025, underscores … Read more