Do big banks offer better mortgage rates?
Big Banks, or A-lenders, as they’re sometimes known, offer a range of mortgage solutions for different financial situations. Big banks can offer competitive rates, but this also comes with more stringent lending criteria and approval processes. It’s worth comparing the rates from the Big 6 Banks in Canada to see which rates you can find, or looking into using a mortgage broker who can help you find rates not usually available to retail customers.