Jason Chan | Digital Marketer

 Source:  https://myperch.io/buyers/rate-increases-wont-lead-to-fire-sale-for-buyers/ These are some interesting charts:

How low can you go? That’s the question Canadians are asking their banks these days, and rightfully so, with mortgage rates hovering on historic lows. Home buyers who were priced out of the market not too long ago are now wide-eyed and chomping at the bit to seize an opportunity for that oh-so elusive home ownership dream.    That opportunity comes in the form of an affordable mortgage rate, where naturally, buyers are picking up the phone and clicking on their banking apps to make appointments with their big banks’ mortgage specialists. Seemingly everyone is in a mad dash to get pre-approved  ASAP.   Of course, it’s still a process and there are some things to consider before making such a huge commitment. Let’s be honest, it’s all about not living with any type of regret as the days and years pass. The best way to do that? Educate yourself and arm yourself with knowledge and resources to make the best decision possible.   Here’s how Perch is in the business of helping you do just tha

  TORONTO , Feb. 7, 2022 /PRNewswire/ -- Perch , the Toronto -based proptech company that seeks to help Canadians build wealth through real estate with its intuitive home ownership platform, announced today the launch of Pathfinder. The free web-based tool, accessible through desktop or mobile browser at https://myperch.io/tools/pathfinder/ , transforms how people shop for mortgages. Pathfinder asks for a few details about what a buyer or homeowner is looking to do, and they can instantly view and sort offers by total savings, mortgage rate, lender, term length, prepayment flexibility, and more.       Perch allows Canadians to instantly shop and compare mortgage offers from 20+ lenders, empowering users to find the best mortgage deals online. As the first company in Canada to offer an instant mortgage rate quote online, Perch's newest tool gives users an efficient and convenient way to shop for and compare mortgages. www.myperch.io (CNW Group/Perch)