It's hard to take a firm position on which mortgage term is optimal for most people at any given time. But on Friday, we did just that by awarding the "MVT" (most valuable term) to floating-rate mortgages. Now, we take such declarations seriously and didn'

Buried in OSFI's consultation feedback on Monday was this line: "Insured borrowers...are exempt from the re-application of the MQR when switching lenders at renewal." Most mortgage advisors know that this switch exemption applies to grandfathered mortgages—e.g., insured mortgages that closed before November 2016.

For decades, homeowners have used leveraged investing techniques like the Smith Manoeuvre (SM) to turn dull old mortgages into tax-deductible debt, pay off those mortgages quicker and build more retirement assets. Some of you use the SM yourself — or have sold mortgages (or want to sell mortgages) to people who

💡MLN's latest Mortgage Bytes follow below. The other day a Global News newsletter subscriber stopped me on the cyber-street and asked if accelerating principal repayment is worth it. I'm sharing the answer here in case readers come across similar questions...or need an idea for a