The Globe and Mail ran a story yesterday about rate competition in the mortgage market. Particularly notable is that Internet-based mortgage firms, including this one, are delivering better value to thousands of financially savvy consumers.
You can bet on this trend only accelerating in coming quarters. We’re truly in the pioneer days of online mortgage origination. Someday a sizable chunk of the population will choose their own mortgage online and save thousands, and intelliMortgage will be there leading the charge.
Here’s more on the “rate wars.”