So here we are extolling the virtues of variable and 3-year fixed rates, and along comes this 'bombshell' from the Globe and Mail: Why two-year fixed-rate mortgages are now the best option for homebuyers The author, a respectable long-time personal finance writer, states: "The best time to

What would a lifelong interest rate trader pick for his mortgage? We wanted to find out, so MLN spoke with Kevin Abarbanel last week. Abarbanel is a former head futures trader for BMO Nesbitt Burns. He's been trading short-term interest rate futures full-time for over three decades, longer

It feels like just yesterday that "higher for longer" was the going cliché in economic circles. After Tuesday's CPI improvement, however, people might flip that phrase on its head. Borrowers got the CPI print they needed to pave the way for a BoC cut on July

Mortgage lenders commonly ask applicants for Canada Revenue Agency (CRA) income documents like Notices of Assessment (NOAs). They do so to confirm income (typical for self-employed borrowers), make sure no taxes are owed, and help mitigate fraud and human error. But borrowers don't always keep their financial life