Blog
Wednesday
20
MARCH
2013
What you need to know when you hear major lenders promoting a “Rate Match”
Perhaps you have heard the scuttlebutt surrounding a major lender’s newly launched “Rate Match” campaign. Launched earlier this month, this lender is promising to match the mortgage rates of 10 Canadian financial institutions. Sounds great, right?
Here is a question... Why are YOU, the client, responsible for doing all of the work in order to find a better rate? Another question would be if you are going to do the work yourself, why would you stay with this lender if you could get a better rate elsewhere?