RateSupermarket.ca is a Canadian life insurance mortgage comparison site
About RateSupermarket.ca
A number of factors come into play when looking to buy a home, one of which, and possibly the most important, is the mortgage rate. So many questions must be answered: how many years do you want to take to pay off the mortgage; at what rate can you afford and how will it affect your down payment; and countless others. Where do you start? With RateSupermarket.ca. It allows Canadians to shop for the best possible mortgage rate without the burden of going through a lender or broker; it's a tool that allows visitors to compare mortgages from dozens of different lenders. Visitors can search by price, but can also compare mortgage details such as rate guarantees, payment holidays and prepayment terms. With several search features, the site allows people to find the best rate by various categories. It also provides updates on mortgage-related news and tip sheets for those searching for mortgages.
Mortgage Comparisons
RateSupermarket's mortgage comparison page allows you to fill in a few fields, then draw on information from over 500 lenders to compare mortgages. You just fill out six fields - mortgage value, amortization period, province, city, rate type and rate term - then click a button to compare rates. The site then displays the best rates, and you can compare the terms side-by-side for up to three lenders. If you click 'continue,' you are even connected with the lender whose terms you like best. Rates are frequently updated.
Tools
- Mortgage Rate Calculator
The site's mortgage rate calculator allows users to calculate their potential mortgage payments at various rates, showing them what payments may be. The page also provides tips on calculating mortgage rates.
- Best Rates
The site offers a page showing the best mortgage rates in Canada, for which you can search by location. The section includes a Canadian housing overview and list of market indicators.
- Lender or Broker Search
There is a search tool that will allow you to search for the closest mortgage lender or broker by province or city.
- Other Tools
Visitors to the site can compare credit card rates or fill out a mortgage application online.
Further Information
- Read the latest articles on issues related to and affecting the mortgage industry.
- A mortgage blog helps keep readers appraised on tips and details of the business and changes that may influence their home-buying decision.
- The newsletter helps to keep readers informed on issues and tips that may influence their home-buying decisions.
- Press releases keep you informed about additions to, or news about, the site.
- A glossary helps you to understand some of terms used in mortgage lending, from the acceleration clause all the way to a zero-down mortgage.
- The frequently asked questions section will help answer any questions you may still have about the site.
Address
- 3000 Sandlewood Court
- Burlington ON L7M 3A4 Canada
Contact
- Ratesupermarket.ca
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