It’s true that mortgage rates are a vital factor when it comes to buying a home. It’s even more essential for Canadians to understand exactly how mortgage rates work and how they can affect home loans. Nolan Matthias, the founder of Mortgage360, a full service Calgary mortgage company helps individuals to understand mortgage rates. With an acute business sense and a strategic understanding of mortgages, Nolan has become one of Canada’s mortgage industries brightest stars.
“Mortgage rates are figured out on the principal balance of a home loan and a higher balance means more interest. Typically mortgage rates are expensive at the beginning of a loan. As the balance is paid off, less interest is able to build up. This is why home buyers spend so much time searching for lower rates. When it comes to mortgage, low rates are king. And fortunately, Calgary mortgage rates are expected to remain low although there could be moderate increase towards the end of the year,” says Nolan Matthias.
Even though, mortgage rates are expected to remain low, Nolan Matthias recommends that buyers hire a Calgary mortgage broker. Because brokers are professional and experienced, they bring together borrowers and lenders. Moreover, they have networks of contacts; they can use these contacts to find a loan that suits a borrower’s needs. This can result in a lower mortgage rate than is offered at a borrower’s local bank. Another strategy is opting for a shorter amortization period.
Nolan, along with his professional staff, strive to serve the clients with experience, morality, integrity and competence, as well as keeping borrowers up to date on any changes in mortgage rates and home loan policies which might affect their ability to get the best mortgage loan. “We guide the process. The client makes the decision. And At Mortgage360, the client is shown the rate sheet, previously unheard of in the industry. We want our clients to be completely informed,” adds Nolan.
In addition, at Mortgage360, clients will find an amazing option i.e. Express Lane Service. This connects clients with a professional mortgage broker immediately in less than two minutes. Overall, Mortgage360 is the ideal go-to company for clients who need help in finding a mortgage.
Mortgage360, a full service mortgage company, headed by Nolan Matthias and Jen Matthias has been providing the best home loan products, rates and fees to Calgary residents for many years. They are committed to finding you the deal that meets your needs and transparently guiding you through the process.
Visit http://www.mortgage360.ca/ for more information.
Name: Nolan Matthias
Phone: 403 863 9770
Address: Unit 20 – 8180 Macleod Trail South, Calgary, Alberta, Canada, T2H 2B8