Why get pre-approved at 5.7% when you can get pre-approved at 5.14%?
Posted by: Peter Paley
This isn’t a trick question. Many of the big banks in Canada this week are offering 120-day locked-in pre-approvals/rate holds of 5.7% or higher. There isn’t any reason for a borrower to agree to pay more. Before we get into the large sums of money that can be saved, I wanted to take a moment […]
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