Alberta (PRWEB) October 30, 2010
Market Research Canada (MRC) has just completed an 11 week study of mortgage interest rates in Canada. They examined the discounted rates offered by some of the largest lenders in Canada. The results show that bigger is not better.
Of all of the large banks in Canada, a local Alberta mortgage brokerage has been proven to have lower mortgage rates consistently across all of the main mortgage types during the 11 week study.
Centum MortgageFlex Ltd. is a small 4 person mortgage brokerage office that churns out more mortgages than most bank branches in any given month.
While the big banks still have over two thirds of the market share in Canadian mortgages, the smaller mortgage brokerages are able to find the better deals for Canadian homeowners.
“Most Canadians don’t even realize that they have a better option” says Hal Tagg, owner of Centum MortgageFlex.
The MRC research shows that an average Canadian would save just over $10,000 on a 5 year mortgage by using Centum MortgageFlex instead of using their bank.
About Centum MortgageFlex Ltd.
Centum MortgageFlex is licensed to obtain mortgage through Alberta. They have helped originate over $250 million in mortgages. As an Accredited Better Business Bureau member, they have not had even one single complaint filed against them.
Contact person: Hal Tagg
About Market Research Canada (MRC)
Market Research Canada is an independent market research and consulting firm which has been in operation more than 5 years, and is located in Kitchener, Ontario. Owner Warren Gray brings over 22 years of experience working with two of Canada’s major banks.
Contact person: Warren Gray
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