Joel's Mini Blog

We have noticed some lenders with a lot of rate activity and warnings about changes, I don't expect a big impact on them but I do expect them to grant smaller discounts.

It seems like banks want to make more money therefore Variable rates discounts might be affected as they are becoming more popular and the consumer is going for them more and more. Banks always prefer when consumers go for 5 years fixed so they can have them in their books for longer and can forecasts their numbers.


PS:  My phone is on - all the time (including weekends).  Text me to get my attention, I'll call you back within 10 minutes.  

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