Perhaps you have heard the scuttlebutt surrounding a major lender’s newly launched “Rate Match” campaign. Launched earlier this month, this lender is promising to match the mortgage rates of 10 Canadian financial institutions. Sounds great, right?
Here is a question... Why are YOU, the client, responsible for doing all of the work in order to find a better rate? Another question would be if you are going to do the work yourself, why would you stay with this lender if you could get a better rate elsewhere?
Is now the time to refinance your high interest debt into a low interest mortgage?
If you are like many Canadians, debt freedom has become a high financial priority. A recent survey found that 76% of those surveyed indicated this has become their major financial goal.
Canadians enjoy more...
A few short months ago the common wisdom among investment practitioners was that the Bank of Canada would start to raise interest rates again, following the rate increases from the European Central Bank (ECB) the Bank of Australia. Since then the...