Financial Post ~ May 22nd, 2026
Robert McLister: The best rate isn’t necessarily the lowest borrowing cost, and the lowest number on a screen isn’t always the lowest figure a lender will quote
Being a rate guy, two numbers jumped out at me this morning while reading Canada Mortgage and Housing Corporation’s (CMHC) new Mortgage Consumer Survey.
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88 per cent said they compare interest rates
33 per cent admit to using rate comparison websites
To the 12 per cent who skip the rate comparison ritual: Congratulations, you are precisely the customer lenders dream about between coffee breaks.
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