I’m running a business in Toronto. For the past few weeks, we were on a discussion to improve our transportation services. We are planning to buy a new vehicle this year. For that, along with the finance we have, we are planning to get the help of a mortgage broker. As I have never used a mortgage service before, I would like to know which mortgage rate will be suiting for a first timer. If you have used any service, kindly share your suggestions and experience.
One of my friends gave me suggestion to use the service of a mortgage broker(http://www.canadamortgagedirect.com), but before gaining a knowledge about this, I can’t take a decision. Is fixed rate mortgage a good option?
Thanks in advance