On average, Canadian borrowers contacted two brokers.
67% of consumers got a recommendation from their broker. 89% of them used it.
74% reported to be “generally satisfied” with their broker’s work.
Interest rate issue remains the main with 59% of clients switching the lender because they found a better rate, and 58% staying with the same bank because it offered a lower rate.
The average brokers’ share of offers to clients was 2.4%.
39% used a mobile mortgage specialist when researching the market.
This survey points ones again how important it is to do a research before signing first available offer from your branch. If you want to know latest mortgage news, trends and best rates – please visit www.mortgagelegko.com.