The Changing World of Mortgage Rates

Mortgage rates are ever changing, and the industry may be confusing to outsiders trying to find the best alternative before making a final decision. In an article on, Calgary Mortgage Specialist Ryan Nemeth explains the advantages to hiring a professional mortgage broker to advise and help with transactions.

He says: “A good mortgage loan officer is able to see rates from a lot of financial institutions, guaranteeing clients are receiving the best options available.”

Mortgages are truly a daunting decision, and many brokerage and advisory firms work alongside their clients in an effort to provide the most suitable alternative for each individual case. In fact, hiring a broker can save a customer thousands of dollars.

Wim Vandenhoeck of Havell Capital Management has first-hand experience with such benefits. Working with Hybrid Capital Inc., with Vice President Jonathan Aghravi, Vandenhoeck said, “We just completed the refinancing of our coop mortgage and were able to lower our interest rate significantly, i.e. taking out an extra 100k and keeping the interest payment constant,” he explained. “I got terrific help from our mortgage broker at Hybrid Capital Inc. I was impressed with his dedication, eye for detail and patience in dealing with a coop.”

About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]