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Mortgage Term Selection

Mortgage-Term-SelectionA typical mortgage specialist or broker hears the question, “What’s your best rate?” hundreds of times a year.

What they don’t hear quite so often is, “What’s your best term?” But it’s usually the most essential question.

With that in mind, we did a little piece in the Globe today about picking the right mortgage term. Most mortgage pros in Canada could draft a 100-page manual on this topic. We stuffed what we could into an 800-word article. Hopefully there’s a nugget or two that helps you assess your own borrower profile…

Nail the right term length the first time

Rob McLister, CMT