Getting a Lower Interest Rate !

One of the best kept secrets in Canada is that below market interest rates are available for mortgages.

First, with what’s called “Relationship Pricing”, the posted rate isn’t the only rate any more.

Depending on the business you bring a lender, or already have with it – RRSP; car loan; credit card; line of credit; GIC or term deposits – and the length of term you choose, ¼ to ½ % can be knocked off the posted mortgage rate.