By user12607856 on Mar 26, 2008
When we bought our current house about five years ago, we went for a five year adjustable mortgage. This came up for renewal recently and we used the same agent to renegotiate a similar mortgage, for which we signed the papers last Friday. We were approved today and everything will be completed tomorrow.
Over the last 3-6 months, because this mortgage is a matter of public record and mortgage companies know that we were going to need to setup a new one, we've been getting mortgage spam; dozens of letters from mortgage companies all claiming they have the best deal and lots of phone calls offering something similar. On average, we'd get about 25-30 letters a week and 5-10 phone calls.
Hopefully these will now all die off until we have to renegotiate again in five years time. Our current agent should still be around, so that'll make it fairly painless.
It's a pity that there isn't a physical equivalent to the way that spam filters can catch emails with junk like this in it.