Ask A Broker 004: Should Your Clients Go Variable Or Fixed?
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Scott Peckford and Dustan Woodhouse Answer Your Mortgage Broker Questions
An average of 60% of mortgages are broken in an average of 38 months into the mortgage, triggering a penalty of 4.5%.
5-year fixed mortgages as safe?
How does a hot market fit into porting a mortgage?
Penalties for variable or 2-year fixed are 9x lower than those in a 5-year fixed
Where are rates going, anyway?
But what about the lower commission on that 2-year fixed file?
Why you should tell your client your commission on the file, regardless of FICOM rules.
Are you a broker or an order taker?