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A home for sale in Toronto.

Fred Lum/Fred Lum/The Globe and Mail

Finance Minister Jim Flaherty has intervened in the mortgage war, asking Manulife Bank to reverse its move to lower the rate on a five-year fixed mortgage to 2.89 per cent. The Globe and Mail reports that the move has raised questions about the degree to which the government should interfere in rate-setting decisions.

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Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

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