KANETIX Launches 3-in-1 Mortgage App for Easy Rate Comparisons on the Go

New App helps Canadians tally the numbers that count when it comes to homeownership

TORONTO, June 27, 2013 /CNW/ - KANETIX launched its new 3-in-1 Mortgage App which enables iPhone users to determine what is affordable, calculate monthly mortgage payments, and compare both fixed and variable rates on the go.

Even at an open house, homebuyers can check in on how much a property will cost them in payments and if they can afford it.

"The KANETIX Mortgage App gives homebuyers the facts they need, when they need them," said Janine White, vice president of marketplaces at KANETIX. "This is the third app we've developed to help Canadians make informed decisions when it comes to financial services."

Most mortgage apps simply allow users to calculate mortgage payments; the KANETIX Mortgage App sets itself apart by empowering homebuyers to not only compare mortgage rates, but also calculate how much they can afford to spend.

The KANETIX Mortgage App features the following tools:

  • Affordability calculator: work out how much of a mortgage you can carry.
  • Mortgage calculator: easily calculate your mortgage payments.
  • Mortgage rates: compare and call to secure fixed and variable mortgage rates.

To download the free app, visit Kanetix.ca/mortgage-app or download directly from the Apple App Store by searching "Kanetix"

About Invis-Mortgage Intelligence

Invis-Mortgage Intelligence is one of the largest and most respected national mortgage brokerages in Canada. Over 1,100 mortgage consultants help Canadians meet their homeownership goals through access to over 50 lenders. Since 1989, Invis-Mortgage Intelligence has arranged over $125 billion in mortgage financing, with over 600,000 satisfied customers. The company operates in four key business lines - Residential Mortgages; Commercial Mortgages: Mortgage Life, Disability and Critical Illness Insurance; Commercial Leasing and Consumer Finance. http://www.invis.ca | http://www.migroup.ca

About Kanetix®

Launched in October 1999, KANETIX was Canada's first online insurance marketplace and today provides over a million quotes per year to consumers looking for insurance, as well as comparisons for mortgage rates and credit cards.

The KANETIX comparison service is a one-stop shopping environment for consumers. Each day, thousands visit the KANETIX website at www.kanetix.ca to comparison shop their various financial needs. Shoppers choose what they want to compare, obtain a quotation and complete an online application or, with the help of KANETIX connect with the provider to purchase or apply for the product over the phone.

Through its Software as a Service team, KANETIX is also the leading provider of online insurance quotation technology, developing online quotation systems, mobile solutions, actuarial tools and websites for many of Canada's largest insurance brands.

SOURCE: Kanetix

For further information:

For more information, visit KANETIX.ca or contact:

Natasha Carr
416.599.9779 ext. 343
Kanetix Ltd.

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