Lower rates = huge savings
You should never settle for the first mortgage rate you see, especially when you can save tens of thousands of dollars just by shopping around. Our average 5-year fixed rates have been consistently lower than posted bank rates by at least 2 full percentage points.
On a $400,000 mortgage, that difference would result in more than $100,000 of savings over the life of your loan. Whether you’re house hunting in Charlottetown, Summerside, or anywhere else in PEI, those savings could have a massive impact on your finances.