Lenders across Canada kicked off an all-out mortgage war earlier this year when they began offering deeply discounted mortgage rates.
But when does it make sense to pay a slightly higher rate for more flexibility? Are features like increased pre-payment options, open terms, and portability a waste of money or money well spent?
Rob McLister, the Vancouver-based editor of CanadianMortgageTrends.com and a mortgage planner at Mortgage Architects, was here for a live online discussion to discuss this and answer mortgage questions from readers.
For a mobile version of the online discussion click here.
For tips, stories, videos and live chats about what's going on in the real estate market, check out the Globe's Home Buying section for daily updates.