Posted on: 10-12-12 22:25:48
Any inputs for lower mortgage rates today?
Looking for 4/5 years fixed.
https://www.butlermortgage.ca/?utm_source=RateSupermarket.ca&utm_medium=referral&utm_term=Verico_Butler_Mortgages&utm_campaign=RateSupermarket.ca
http://www.truenorthmortgage.ca/
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He who has not acquired one of the following: religious merit (dharma), wealth (artha), satisfaction of desires (kama), or liberation (moksa) is repeatedly born to die
Any inputs please............
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He who has not acquired one of the following: religious merit (dharma), wealth (artha), satisfaction of desires (kama), or liberation (moksa) is repeatedly born to die
2.89 to 3.1 depend upon your situation. (I am not a mortgage agent, just giving a recent example I have seen.)
Mortage agents Vs Major Banks
Pros and Cons?
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He who has not acquired one of the following: religious merit (dharma), wealth (artha), satisfaction of desires (kama), or liberation (moksa) is repeatedly born to die
Unless you are very articulate and good at bargaining with Major banks or have exceptional relationship with your current bank to expect their best rates - it is advisable to work through an honest, knowledgeable and reliable agent. They already have pre-negotiated pricing from multiple lenders, can offer advice based on your personal criteria and your credit bureau gets just 1 hit. In some cases a non-bank lender is more beneficial than the major bank. Also besides the rate there maybe other costs which you might have been unaware - which eventually makes the lower rate not so attractive.
I have found advice from Pramod Chopra (can find his contact information on CD) to be very reliable and unbiased.
I don't know of any 'cons' of working with agents except running with an inexperienced or unreliable agent.
Please check your PM.
Good luck.
Hiren
Thanks for inputs and much appreciated.
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He who has not acquired one of the following: religious merit (dharma), wealth (artha), satisfaction of desires (kama), or liberation (moksa) is repeatedly born to die
Any inputs from mortgage professionals from this forum?
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He who has not acquired one of the following: religious merit (dharma), wealth (artha), satisfaction of desires (kama), or liberation (moksa) is repeatedly born to die
