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Rate shopping sites.. tested again.. and failed again

posted by The Mortgage Associates    |   March 9, 2015 08:12

Rate shopping sites..tested again..and failed again

Article by Steve Garganis, March 2, 2015

"A few years ago, I published a study on Rate shopping sites.   These sites were gaining popularity with consumers as a  place to go if you wanted to get the best rates.  And they attracted a lot of attention.

You know the sites… they have catchy ads like ‘shopping for the Best Mortgage rates in Canada’ or ‘comparing Canada’s mortgage brokers for the best rates’. 

Hey, who doesn’t want the best rate?  These ads work. Canadians were clicking these links to get more info.

Sounds great, right? Yet, it’s not."

To read the full article, please click here.