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Articles by RateSupermarket.ca

Lower Fixed Mortgage Rates Expected as Lenders Fight for Business

Canadian consumers could see lower fixed mortgage rates this month as competition heats up and lenders look to build their mortgage pipeline for the year, says RateSupermarket.ca’s Mortgage Rate Outlook Panel for January 2012. Lenders are eager to get a good start to the new year and build up their fixed mortgage rate client base, which means fixed rates could decrease as competition picks up. Variable mortgage rates, on the other hand, are expected to remain level.
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Mortgage Lenders Shifting Consumers from Variable to Fixed Mortgage Rates

A great shift is happening in the mortgage market as lenders are enticing Canadian consumers to deeply discounted fixed mortgage rates and away from variable mortgages. Low bond yields continue to provide lenders with room to manoeuvre and offer better pricing on fixed products, says RateSupermarket.ca’s Mortgage Rate Outlook Panel for October 2011. Our Panel believes the short term fixed mortgage rate trend is down.
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Forget Coupons and Group Buying Websites, Here’s How you Can REALLY Save

If you REALLY want to save money, forget about scanning the discount flyers and bringing your lunch to work, just take a look at your mortgage to get the biggest bang for your buck, says RateSupermarket.ca, Canada’s go-to-website for comparing mortgage rates. In three simple steps homeowners with a $300,000 mortgage can save $65,541 over 25 years. It’s all laid out in this handy infographic.
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