Insider Advice
Unplug from a bad mortgage By Angie Alvarez, Mortgage Agent
Most consumers get their mortgage from the first lender they speak to, and fewer than half of consumers shop around for mortgage rates. But taking such a passive approach could you cost thousands of dollars over the life of the mortgage loan. Mortgage loan shopping is just as important as finding the right house. And yet while Canadians spend countless hours negotiating the best deal on a car, new TV, or dishwasher, when it comes time to get the best mortgage, they aren’t always doing the work. Most see a great rate and lock-in without paying attention to all the fine print.
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EastTO Magazine
