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How to get the lowest rate on your mortgage (new and renewing mortgages)

Build Wealth Canada Podcast

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Is There a Difference Between a Mortgage and an Insurance Company?

Some of the big banks use higher posted rates in calculation of m so they have this bench mark rate, like as at five point three four % right now. Even if you get a great rate with one of these big they can use the posten rate against you in terms of the calculation of the penalty. So that's just something to be aware of, about the post rate, that people don't usually find out about until they have to break their mortgage. Fenallies: You're not getting truly unbiased advice when you go to the bank.

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