The Manulife One (M1) has always been one of the most powerful and flexible products in the mortgage market. But as slick as it is, the broker version was like a Brioni suit with a mustard stain—somewhat flawed. But now, Manulife has ironed out a few of the wrinkles.

The difference between insured and uninsured mortgage rates is wider than a canyon nowadays. That’s creating unusual scenarios where it’s actually cheaper for a #low-ratio# borrower to buy #transactional insurance# and get a default-insured mortgage than to pay a higher uninsured rate. 💡For the uninitiated, the lowest mortgage

Interest rate commentators have long relied on overnight index swaps (#OIS#) and forward markets to crystal ball rate direction. Now, with CORRA elbowing CDOR aside as Canada's financial benchmark rate, some of those forecasting tools are going the way of the floppy disk. That's led MLN on a hunt for