How to finance your mortgage with us during the pandemic
In March, the Bank of Canada made two rate cuts, slicing the overnight rate to the lowest we’ve seen since the 2008 financial crisis. In fact, we’re seeing some of the lowest mortgage rates in history as financial markets respond to COVID-19. If you’ve been eyeing interest rates and wondering whether it’s a good time to buy or transfer your mortgage, Concentra wants you to know it’s a great time.
Lock in your closed fix rate
During this uncertain time, you may prefer stability and consistent mortgage payments. Consider locking in a closed fixed-rate term, especially when outstanding closed fixed rates are available. This ensures your mortgage payments won’t change throughout your term.
Transfer to Concentra
As major lenders try to keep up with the surge of mortgage applications, some have reportedly raised rates. According to one industry insider, consumers may want to focus on smaller lenders like Concentra to receive great service and lock in the best rate.
Why a mortgage with Concentra
While most major lenders have reduced their business hours, Concentra’s dedicated team has been working longer hours, evenings and weekends during the pandemic to meet consumer needs. Our Mobile Mortgage Specialists are here for you and will talk you through each step of the mortgage process to ensure your biggest investment is worry-free.
We’ll make it simple, easy and safe
During this new era of physical distancing, Concentra has set up processes to ensure you stay safe. Better yet, Concentra will cover some of the costs for qualified customers to switch their mortgage from another lender to Concentra. Our extremely competitive rates could potentially save you hundreds of dollars.
Learn more by speaking with a Concentra Mortgage Specialist today.
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