With the summer season in full swing here in London, Ontario, it's easy to just sit back and put our feet up while we let the days float by. But before you make the decision to put off buying a home until the fall, let's not forget that summer is a great time for buyers. As a Financial Post article noted back in April when the spring season started, mortgage wars are on! And that means one thing: getting pre-approved for a mortgage in London, Ontario (or anywhere in Canada, for that matter) just got a little easier. Mortgage rates and interest rates typically follow the same trend, so it's not wonder that when the Bank of Canada announced on July 16th that they were cutting their prime rate, lending rates from all the big banks in Canada soon followed suit.
With house prices on the rise, every penny counts when it comes to getting a great rate on your mortgage. Did you know that as mortgage brokers, we have access to multiple lenders, not just one? This means we have the ability to shop around on your behalf to get the best deal out there. That doesn't just mean negotiating a low mortgage rate. By shopping around, we can also find terms and conditions to best suit your financial needs. Best of all, we don't charge any commission, so there are no hidden fees for our service unless it's in a highly unusual circumstance.
Just like with your house-hunting experience with a real estate agent, there's mortgage hunting with your mortgage broker. There's the perfect house and the best mortgage out there to meet all of your needs. We are experienced mortgage brokers who have built strong relationships with lenders and professionals over the years as a means of providing our clients with the best service possible, so if you are looking for a great rate on your next mortgage, let's get started! You can get a jump start by filling out our convenient, secure online application or simply fill out the contact form and we'll get in touch to get the ball rolling.
Mortgage rates are always fluctuating, so get in touch with us directly for the latest and most reliable information. We take pride in walking our clients through the mortgage process from start to finish and are here to help your with all of your mortgage and financial needs. Whether you are a first time homebuyer or looking to port your mortgage, we have the service and skill to assist you along the way.
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Your London, Ontario mortgage brokers