Heading into this week's rate council huddle at the Bank of Canada, mortgage borrowers wield four pressing questions. Let’s unpack those with some likely answers.
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