https://homemortgageontario.ca/2012/08/25/pc-financial-mortgage-pay-less/?utm_source=rss&utm_medium=rss&utm_campaign=pc-financial-mortgage-pay-less Mortgage Centre Agent Serving All Parts of Ontario Sat, 20 Oct 2012 02:13:22 +0000 hourly 1 http://wordpress.org/?v=3.4.2 https://homemortgageontario.ca/2012/08/25/pc-financial-mortgage-pay-less/#comment-10231 Current Mortgage Rates in Toronto & Across Ontario | Home Mortgage Ontario Sat, 20 Oct 2012 02:10:44 +0000 https://homemortgageontario.ca/?p=1540#comment-10231 [...] mortgage lenders which serve all of Ontario such as Windsor, London, Hamilton and Ottawa. While the big banks do not always offer the lowest and most competitive rates, we have access to mortgage broker [...] [...] mortgage lenders which serve all of Ontario such as Windsor, London, Hamilton and Ottawa. While the big banks do not always offer the lowest and most competitive rates, we have access to mortgage broker [...]

]]> https://homemortgageontario.ca/2012/08/25/pc-financial-mortgage-pay-less/#comment-9763 The smartphone revolution Tue, 16 Oct 2012 05:13:58 +0000 https://homemortgageontario.ca/?p=1540#comment-9763 [...] Many Canadians are aware that PC Financial has an affiliation with CIBC since PC Financial banking clients can withdraw money at any CIBC teller free of charge. If they are affiliated, then why are PC Mortgage rates lower than that of CIBC? You could also ask yourself why Koodo cell phone rates are seemingly cheaper than Telus (Telus owns Koodo). As mentioned in my post about lower CIBC mortgage rates, CIBC and other big financial institutions are on the hook to pay huge expenses each year. Buildings, employees, and advertising are huge overhead costs which must be paid for in some way. A typical CIBC branch is an office building with a significant amount of square-footage and employees, costing a great deal to operate each year. A PC Financial Kiosk, on the other hand, is relatively small and located inside Loblaws, Great Canadian Superstore, or Zehrs grocery store with only 1-2 employees. This is why CIBC mortgage rates, even the lower rates offered by Mortgage Centre will always be slightly higher than PC Financial Rates. While the low overhead costs allows Presidents Choice Financial to offer more attractive interest rates than the big banks, they still must pass the overhead costs onto the customer. This can be done through service fees or other banking charges, but in the mortgage industry, it is hidden in the interest rate.Source: homemortgageontario.ca [...] [...] Many Canadians are aware that PC Financial has an affiliation with CIBC since PC Financial banking clients can withdraw money at any CIBC teller free of charge. If they are affiliated, then why are PC Mortgage rates lower than that of CIBC? You could also ask yourself why Koodo cell phone rates are seemingly cheaper than Telus (Telus owns Koodo). As mentioned in my post about lower CIBC mortgage rates, CIBC and other big financial institutions are on the hook to pay huge expenses each year. Buildings, employees, and advertising are huge overhead costs which must be paid for in some way. A typical CIBC branch is an office building with a significant amount of square-footage and employees, costing a great deal to operate each year. A PC Financial Kiosk, on the other hand, is relatively small and located inside Loblaws, Great Canadian Superstore, or Zehrs grocery store with only 1-2 employees. This is why CIBC mortgage rates, even the lower rates offered by Mortgage Centre will always be slightly higher than PC Financial Rates. While the low overhead costs allows Presidents Choice Financial to offer more attractive interest rates than the big banks, they still must pass the overhead costs onto the customer. This can be done through service fees or other banking charges, but in the mortgage industry, it is hidden in the interest rate.Source: homemortgageontario.ca [...]

]]> https://homemortgageontario.ca/2012/08/25/pc-financial-mortgage-pay-less/#comment-4084 Lower Rate CIBC Mortgages At Mortgage Centre | Home Mortgage Ontario Sat, 25 Aug 2012 15:08:24 +0000 https://homemortgageontario.ca/?p=1540#comment-4084 [...] Windsor Mortgage Centre, we can get the best CIBC mortgage rate over your branch and also offer PC Financial mortgages, too. However, if saving money and interest matters to you (why would you be here if it [...] [...] Windsor Mortgage Centre, we can get the best CIBC mortgage rate over your branch and also offer PC Financial mortgages, too. However, if saving money and interest matters to you (why would you be here if it [...]

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