This is a great thread. MillerTime GFG has covered off quite a few topics and I thought I would add my 2 cents.
Not all banks, brokers, bank representatives are created equal. There are a lot of good bank reps and brokers in the industry and some not so good ones! Same goes for Realtors and any profession!
What is important is to find someone you trust and listens to your current and future needs and presents options and solutions!
NOT all rates are created equal! I am so happy to see some comments on this thread that the lowest rate is not the end all be all. Online shopping for rates is not always good either. The lowest rate will get you to call or submit an enquiry... which is why advertising the lowest rate usually gets the phone call.
For the initial comment about enquiring with multiple banks and or brokers. Most banks will not present their best offer unless they have done a credit check... using multiple brokers should not make a difference unless you are not comfortable with the 1st one.
A broker should be discussing the options, products, rates, the conditions or restrictions up front... based on information provided.
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