HousingWire sat down with AIME Chairman Anthony Casa to discuss how brokers provide homebuyers with year-round low rates.
Q. The media has been focusing on these decreased rates. Why is it such a big deal if mortgage brokers have been offering these rates to borrowers for some time now?
A. That’s the funny thing about it. The headlines should read, “Big Banks And Retail Lenders Are Getting To The Level Mortgage Brokers Were At Before The Rate Drop.” And broker rates are still between 0.5% and 1% lower than retail. But brokers don’t get national headlines like the big banks do. That’s something we’re looking to change with AIME. We want to shift the conversation and show consumers that mortgage brokers are the best option when it comes to purchasing a home.