End Rate Face — Wealthsimple
Mortgage interest costs are up 30.9 percent year over year, which makes buying a home harder and renewing a mortgage much more expensive. What we found was that people really care about mortgage rates but it’s a brutal time to be looking for one, and usually never fun. Wealthsimple positioned themselves to offer a new mortgage product to clients which rate would lower the more assets they had. The outcome, turning a typically disappointing reaction to mortgage rates into one that isn’t so bad.