Regina Mortgage Rates

Regina Mortgage Rates - Brokered For You by First Foundation

First Foundation has the Regina mortgage brokers, the history, the lender relationships, and the experience to get you a great mortgage rate if you are buying a home in Regina, or if you already own one.

Mortgage Rates Are Always Important

It doesn't matter if the market is up or the market is down. It doesn't matter if buyers have the advantage or if sellers can dictate their prices. Whether the economy is good, or the economy is bad, people will always benefit from lower mortgage rates. If interest rates are too high it limits your purchasing power. If interest rates are too high it cuts into your housing affordability and your ability to afford ther things!

You, ready to buy + Low Interest Rates = Great Time to Buy Property in Regina. Let's make that happen!

Our Regina Mortgage Rates are Better Than the Bank's

Most banks aren't your friends. They'll lend you money when it makes sense to them, at prices they think they deserve. However, there are many mortgage lenders in Canada that like to compete for your business by offering better products at better rates. Some of them are even banks! Some are credit unions. Some are mortgage-only lenders, and some are trust companies. Remember: banks still like to wrestle as much profit as they can out of homebuyers when they're selling them a mortgage; they don't make their billions by being nice. As mortgage brokers, we make our money precisely by looking out for our clients. Our whole purpose is to find our clients the best Regina mortgage rates we can given their income and financial situation.

Our Mortgage Terms are Better Than the Bank's

Banks are wise to the rate discounts that mortgage brokers offer and will sometimes price match. But where they get you is in the terms of the mortgage. A recent episode of CBC Marketplace revealed that many new mortgages at the "Big 5 Banks" are required to be "collateral mortgages". These mortgages aren't just mortgages, but a complex mixture of a credit product and a traditional mortgage. While they allow home buyers to borrow additional money over the term of the mortgage, this isn't why the bank wants to force buyers into them. They want to force these terms because at mortgage renewal time, it's harder to switch lenders.

A Mortgage Broker Works for You

A mortgage broker isn't just your personal shopper for the perfect mortgage. We'll act as your advocates and make sure all the paperwork from your lawyer, home inspector and other parties is filled out correctly and done according to the requirements of the lender we select for you. This leaves you more time to do the things that matter, like picking out new furniture. If you're looking for great Regina Mortgage Rates (and fast, friendly service from experienced, licensed mortgage brokers), then you've come to the right place!

Contact First Foundation today to find out how we can help you get the best rates in Regina for your new or existing mortgage.

Last updated Jan 11, 2024
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