Merrick Mortgages - RateShop.ca

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Think outside the branch and get expert advice to find the right mortgage for you.
Getting the best mortgage rates in Canada is on every homebuyer’s mind. A lower interest rate can save you thousands of dollars over your mortgage term, so getting anything less the best current mortgage rates in Canada could cost you a significant amount. How to find the lowest mortgage rates in Canada Most Canadians don’t shop for mortgages before signing up with the bank they’ve been with since childhood. They don’t know the average mortgage rates in Canada, and end up paying a lot more on their mortgage for no reason. Your first instinct may be to think that the bank will give you the best mortgage rates, but that’s actually not the case. Banks have higher interest rates when you go to them directly because they know that most people have no idea what a “good” mortgage rate is. The only way to find the best mortgage rates in Canada is to compare mortgage rates. This lets you find not only the lowest mortgage rates, but also the current Canadian mortgage rates. When you know what the “normal” mortgage rate is, you can tell how good of a deal you’re getting on your mortgage. Contact us today to get started!