No problem - interest savings may be negligible for low mortgage balances when considering switching, especially if there are any costs to do so, and more so when you're receiving outside benefits from your current lender!atomicorange wrote: ↑Aug 15th, 2017 10:46 amYes they offered me 2.84 for 4 year fixed and 2.94 for 5 year.
And you're absolutely right. Now that I've done the math it seems like the difference between RBC and the best market rate is less than $10 a month. Not really worth the extra work to switch, especially since I get a rebate on some other banking fees with RBC by having the mortgage account.
Thanks for your insight Paul and Connor. Really appreciate your honest advice ^_^
Concierge Mortgage Group