Mortgage Rates

Prospective home buyers can turn to their bank or a mortgage broker for their mortgage needs, but many people are not sure what would be best for their needs.

By going to the bank, home buyers are going directly to a lender and behind the wheel when it comes to negotiations. If you decide to work with your bank, you are able to consolidate all your services with a provider you’ve worked with and trust, plus you may be eligible for discounts.

A broker on the other hand, provides home buyers the advantage of having access to a number of rates offered by multiple lenders, and they do the legwork and negotiating for you to get the best available rate and terms.

Brokers don’t always offer the same rates or products as the banks, which is why we provide comprehensive mortgage rate market comparison in Canada, comparing different brokers as well as banks, credit unions, and other lenders for you.