Wednesday, 20 March 2013

Calgary Mortgage Rates


As a Calgary mortgage Broker you often wonder about the repercussions of John Flaherty putting pressure and intervening in free market you wonder?
  • Higher cost of lending for some who use only the big banks. 
  • BMO might increase their market share from last place.
  • Slippery slope for controlling the market.
This is an text book example of interfering with decisions of private businesses acting under the rules he set himself.  If this was the first time he has intervened in the financial sector, it would not be such an important reaction to a business that is within its legal rights.

The rate decrease has been available on the market for some time now, so if someone is willing to look,  you can find that rate out there already.  Go see a Calgary Mortgage Broker to find the right fit.



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