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The latest from RateLand

Fixed mortgage rates threaten to rain on the spring housing parade. They followed funding costs materially higher this week, all across the country. In one case, we saw a lender (QuestMortgage) boost its market-leading short-term rates by up to 105 bps.

Nesto starts its own rate comparison site

Low-cost leads are essential to online mortgage providers, many of which sell at razor thin margins. Nesto, a direct online lender, knows this as well as anyone. In fact, we hear it tried to buy at least one existing rate comparison site but the terms were not favourable. Now we
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