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Are you getting a new mortgage and considering a variable rate? Express caution because the best variable rate could cost you more in the end. With house prices soaring in the Kitchener and Waterloo area, homebuyers are desperate to get as large a loan as they can. The Huffington Post published an article about lenders who are pushing riskier mortgages on Canadians. Unfortunately, banks are always looking for ways to make more profit and will persuade you to do what is the best interest of the bank. Be wise and do your research before committing to a mortgage. The Huffington Post says it's the worst time possible to pick a variable-rate mortgage. Who has your back in the biggest purchase of your life? I know some reliable mortgage brokers that are in my network who I trust to give my clients the best advice possible. If you need mortgage advice, let me know, and I could connect you. Contact Mike Bolger Now (519) 616-2656
Here is the article:
http://huff.to/2nepBFu



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