Globe and Mail Report on Rate Drop Policies

October 16, 2014

intelliMortgage co-founder Rob McLister recently spoke with The Globe’s Rob Carrick about a trend in rates that few are aware of.

The gist of it is this: When rates drop, some lenders refuse to pass along lower rates to clients who are already approved.

For the whole scoop, check out the video here and Rob’s full story in the Globe and Mail.

And remember, not all mortgage providers disclose unfavourable rate drop policies up front. intelliMortgage always does, without exception.