In this Real Estate Video Mike Mullin Sales Representative for Royal LePage RCR Realty In Orangeville Ontario talks with Chris Little an RBC Mobile Mortgage Specialist about mortgage rate protection.
Buying a Orangeville home is nerve-wracking enough without having to worry about buying when the rates are lowest. You do not want to feel forced to close on an Orangeville home just because the rates are low, or be worrying about rates and let the perfect home pass you by.
Mortgage rates change all day, every day, varying with the prime rate. Mortgage rate protection can help you buy with confidence by guaranteeing the lowest rate available within a 120-day window. No matter when you buy after you have pre-approval, you are guaranteed to get the lowest rate available. Mortgage rate protection can take the fear out of getting a mortgage.