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Our broker is my wife's uncle and so it complicates things a bit for us. Because it's family, we can't necessarily grind him down our shop around like we might do with any other random broker.
That said, there are other benefits he gives us, so it kind of balances out.
What he told is for the past few months Coast Capital has been the best for rates, they have been going agressively against the banks to win more business and so a lot of his clients are moving over there.
Another thing he mentioned is that because the market is slower, lenders are a lot more aggressive when it comes to keeping your business at the time of renewal. So it pays to talk to your existing lender and bargain a bit with them because they have a vested interest in keeping your mortgage with them. In our case, TD agreed to essentially match CC but we had to ask for it.
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