#chestnetparkwest

[mikebolger1]

Bank, broker or DIY: What's the best way to get a mortgage?

Here's an article on the pros and cons of using different mortgage providers. Whether you’re shopping for a mortgage for the first time or your mortgage is coming up for renewal, there are plenty of options out there. Your local bank branch may be your first stop, but it’s not the only option out there. You could potentially be leaving thousands of dollars on the table by not shopping around. Thanks to the internet, shopping around for a mortgage has never been easier. Let’s take a look at the pros and cons of the main ways to shop around for a mortgage: banks, mortgage broker and mortgage rate comparison websites. I have a large professional network and I am connected to mortgage leading professionals. Let me know if you want me to connect you or if you have questions about real estate. Call me at [phone]. http://j.mp/31GRafR

[mikebolger1]

Mike Bolger - Chestnut Park Realty Southwestern Ontario Ltd., Brokerage - 519-742-5800

Good news for people renewing or interested in fixed mortgage rates. Two of the country’s main banks, the Royal Bank of Canada and the Bank of Montreal, lowered their five-year fixed mortgage rates last week. The Bank of Montreal dropped its rate by 0.15, down to 3.74 percent. Fixed rates are instead tied to the bond market so when the bond yield goes down, rates go down. Here are three tips that could save you thousands on your mortgage! 1. Shop around. 2. Make lump-sum payments whenever you can. 3. Accelerate your mortgage payments. Looking for a mortgage broker or a mortgage professional? I have plenty of connections in my network that can help. If you are interested in buying or selling, Call Mike Bolger now at [phone]. http://j.mp/2xMmBrx