Bait-and-switch mortgage rates are everywhere – here’s how to cut through the hype
A regular chore for mortgage broker Victor Tran is providing reality checks to people who find great rate deals advertised online.
“It happens all the time,” Mr. Tran said. “I would say almost nine out of 10 of my conversations.”
Canada’s high-cost housing market forces buyers and owners to find the best possible mortgage rate. Search Google and websites from lenders, mortgage brokers and financial data aggregators will present you with rates that look great in comparison to what banks typically offer.
Categories
Recent Posts
Remax faces continued pressure ahead of Real takeover
The city at the top of mortgage delinquency, NDAs silence some buyers, the Home of the Week and more top real estate stories
End unit townhouse in White Rock sells to lone offer after slow price decline
Newly built condos in Vancouver are too pricey to sell, CMHC data show
Nova Scotia home was built in 1881 by seafaring captain
Stymied last summer, suburban Calgary homesellers regroup for March sale
Real’s Remax acquisition reignites debate over the future of brokerage models
Saskatchewan price surge threatens ‘affordability advantage,’ said SRA
Asking rents rise for larger units in Toronto: 'We simply don’t have enough'
eXp parent company acquires NextHome, begins trading as AGNT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "