Cost of a Mortgage Broker
As a Mortgage Broker I work for you and not the lender. I do not work for one bank or lender and thus am unbiased, putting your best interest first.
I have access to the top lenders in the country, including the big banks. My services are of no cost to you. While banks only offer products from their institution, which may not benefit everyone, I, as a licensed mortgage broker, offer hundreds of different products to suit various mortgage needs. From self-employed, seasonal employment, business owners, casual employment, and so much more, I have a mortgage suited for you. Not only do I have access to the lowest rates for your purchase, renewal, or refinance, I ensure your mortgage is working for you on your terms and not the bank.
The Bank of Canada announced this week it will begin purchasing 10-year Canada Mortgage Bonds (CMBs), a move seen as paving the way for mortgage lenders to more easily offer lower-cost 10-year fixed mortgage rates to consumers.
Nearly a third of experts believe that the central bank should consider cutting rates