I'm not sure what I'm going to rant about over the next few days, weeks, months or years but for now i definitely want to tell you about some amazing rates.
3 year ARM 1.85% (Prime 2.25 -0.40%)
4 year fixed 3.4%
5 year 3.69%
Now ask yourself this question. Wait first read my about me section so that you understand I've only been in the mortgage industry for 3 years THEN ask yourself this question. "Why hasn't my bank made these rates available for me?"
The answer is simple really... The higher the rate they charge you, the higher the rate of return or profit which means they can bundle you up and sell you with a bunch of your overpaying neighbours.
Wednesday, February 24, 2010
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ReplyDeleteHere are some tips and data that hopefully will give you the information and tools needed to find the right mortgage broker,
how to work with them and to help minimize the risks before you get to the closing table. Please see more: www.omj.ca,
best mortgage rates ontario