In a high-interest-rate environment, mortgage shopping becomes challenging due to delayed rate cuts and HSBC Canada's takeover by RBC.
In a high-interest-rate environment, mortgage shopping becomes more challenging. With anticipated rate cuts delayed and HSBC Canada's aggressive rate advertising lost after its takeover by RBC, it's crucial to research and negotiate on rates. Mortgage experts warn that the cheapest upfront option isn't the only thing to focus on. Even RBC CEO Dave McKay acknowledges the importance of focusing on rates.
April 18, 2024
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