Industry Update: Rocket, Bond Yields, Canadian Mortgage Awards

🚨 Rocket Mortgage Canada is out! What does this mean for brokers, lenders, and mortgage tech? 🚨

In episode 65 of Mortgage Tech Talks, we dive into the latest industry updates, including:
✅ The exit of Rocket Mortgage Canada and its impact on the mortgage landscape.
✅ The downward trend of bond yields and how it affects mortgage rates.
✅ The Canadian Mortgage Awards—who made the list and what it says about industry trends.

🔍 Timestamps:
00:00 – Bond yields are dropping—what it means for the market
00:19 – How uncertainty affects mortgage brokers and their clients
00:39 – Why this turbulence could be good news for brokers
00:59 – Rocket Mortgage Canada exits—breaking it down
02:17 – How the news broke and what led to the decision
03:04 – Is this a response to tariffs?
03:41 – The impact on mortgage tech and Finmo
04:18 – Rocket Mortgage’s connection to Lendesk and what’s next
05:20 – What does this mean for competition in Canada?
07:05 – Canada’s lack of mortgage market competition—good or bad?
08:15 – The effect of U.S. policies on Canadian mortgage rates
09:36 – What falling bond yields mean for mortgage rates
10:37 – How brokers can use this uncertainty to help clients
12:57 – The Canadian Mortgage Awards—who made the list?
13:37 – Service Provider of the Year category—who’s missing?
14:02 – Digital innovation in brokerages—what’s changing?
14:43 – New category: Innovator Champion of the Year
15:53 – Who’s really leading innovation in the industry?
16:08 – Is tech taking a backseat to broker and lender-led innovation?
16:25 – Final thoughts—where is the mortgage industry headed?

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