Finding the best rateEveryone wants to save money where they can – especially when it comes to their mortgage. So when the Big Banks promise to match any competitor's mortgage rate, it's no wonder people are willing to do the extra legwork to call around and find out what the best rate in the market is.
As mortgage brokers, we're on top of the best rates in the market on a daily basis – and we reveal these to our clients and potential clients right up front. We're baffled that banks don't do the same – and even more baffled that bank customers are willing to tolerate it.
When a bank says they'll "match any rate", they're well aware of the rates that are out there – just like we are. Why, then, do they send their clients on a wild goose chase to uncover what they already know? If they really value their customers' loyalty, shouldn't they offer their best possible rate right from the get-go?
Good mortgage brokers, like those at Axiom, will not only offer the best rates upfront, but they'll also introduce you to the best mortgage products for your needs – and potentially save you thousands down the road. Forgoing certain product features – like portability and prepayment options – may save you money on your monthly payment, but could end up costing you much more down the road, depending on your need for these features.    |
