Thursday, March 26, 2015

Don’t judge a bank’s mortgage by its hyped-up rate

http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/dont-judge-a-banks-mortgage-by-its-hyped-up-rate/article23526054/

Don’t judge a bank’s mortgage by its hyped-up rate

The Globe and Mail
The big banks are masterly in how they attract attention to their mortgage rate cuts.
Don’t buy the hype. For the best mortgage deals as defined by low rates and favourable terms, see a mortgage broker. You may still end up doing business with your bank, but failing to at least consult a broker is borderline personal-finance negligence.
Read the full article at:
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/dont-judge-a-banks-mortgage-by-its-hyped-up-rate/article23526054/