At the end of the month, we change mortgage lenders. The last time we changed lenders was 2 years ago, before that we had the same lender for 17 years. We have previously been very loyal to our bank. For almost 20 years, we had exactly all commitments in that bank.
That's when we discovered that an acquaintance with non-existent commitments at our bank was getting a lower mortgage interest rate than we had when he moved his loans to our bank, even though we had both business and personal accounts, mortgages and securities custody at the bank.
We only have business and private accounts left at that bank today. It is a bit strange that we get a lower mortgage interest rate in a bank in which we hardly have any commitment compared to a bank where we have securities with a higher value than the mortgage.
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