Record-Breaking 2.94% Five Year Fixed Mortgage Rate Hits the Market
Mortgage News / Mortgages / RSM News

Record-Breaking 2.94% Five Year Fixed Mortgage Rate Hits the Market

In June, 41.8% of Canadian mortgage seekers were leaning towards 5 year fixed rates, according to RatePulse, a new monthly digest offered by RateSupermarket.ca, Canada’s independent rate comparison site. That number is likely to jump even further now that record lows were seen this week for the 5 year fixed rate, at 2.94%. Continue reading »

Lowest 5 Year Fixed Mortgage Rate
Mortgage News / Mortgage Rate Outlook Panel / Mortgages

Lowest 5 Year Fixed Mortgage Rate

This rate is worth it’s own blog post! Currently on RateSupermarket.ca you can get a 5 year fixed mortgage rate for only 2.99%. Yes you heard right, 2.99%! The offer is only available to Ontario residents and comes with a 21 day rate hold. It also allows for 20% annual lump sum payments and a 20% increase on your monthly payments – two features that allow you pay off your mortgage faster and save loads on interest. Continue reading »

The Power 3rd Party Comparison Tools Give Consumers – Reflections from the Digital Marketing in Financial Services Summit
Personal Finance / Personal Finance News

The Power 3rd Party Comparison Tools Give Consumers – Reflections from the Digital Marketing in Financial Services Summit

When I first started RateSupermarket.ca my vision for the Canadian consumer was for them to have the ability to leverage the internet to be able to compare rates for financial products in one place. At it’s core, we’ve been able to provide Canadians with transparent, unbiased information, giving the consumer the ability to make an informed decision. Continue reading »

RateSupermarket.ca on CBC’s The National Discussing the Mortgage Market
Mortgage News / Mortgages / Mortgages 101 / RSM News

RateSupermarket.ca on CBC’s The National Discussing the Mortgage Market

CBC The National’s lead story last night was on the Bank of Canada’s rate increase and how the banks are getting more aggressive with their rates as all mortgage lenders are chasing fewer and fewer mortgage customers. The CBC’s Havard Gould came in to meet with RateSupermarket.ca and discuss how this is impacting Canadian consumers. … Continue reading »

RateSupermarket.ca Nominated as Best Mortgage Industry Service Provider
Mortgage News / Mortgages / RSM News

RateSupermarket.ca Nominated as Best Mortgage Industry Service Provider

We are pleased to announce that RateSupermarket.ca has been nominated by the prestigious 2009 Canadian Mortgage Professional (CMP) awards as the Best Mortgage Industry Service Provider. The nominees for this event, which is put on by the premier mortgage broker trade magazine, are elected by the mortgage professionals in the industry, and the winners will … Continue reading »