Great article here on the Globe and Mail about key differences between bank mortgages and those arranged through mortgage brokers. Explains how the big banks use ‘discretionary pricing’ to get you paying higher interest rates, and how they charge much higher penalties if you need to break your mortgage early.
//www.theglobeandmail.com/…/dont-judg…/article23526054/
The difference between bank and broker mortgages
Posted by Kevin Niemi
on April 23, 2015
on April 23, 2015 