It is easy to confuse the "best" rate for the "lowest" rate in the current mortgage climate in Canada. To do this though, would be a huge mistake. As experts who know the importance of providing our clients with the information they need to make confident, educated decisions about their finances, we can't stress this enough.
While mortgage rates are not the only thing that should be considered when you are deciding on the right broker, they will impact the amount you pay for your home in the long run. Due to this fact, at One Link Mortgage & Financial, we believe it is important for our clients to understand how mortgage rates work and why they fluctuate.
Interest rates seem vitally important in a week in which the Bank of Canada raised its benchmark lending rate for the first time in seven years and fixed mortgage rates have been steadily rising...