Mortgage Refinancing

breaking mortgage contract feasibility

Understanding Mortgage Penalties: Calculators and Consequences of Breaking Your Mortgage

Mortgage, Mortgage Refinancing /

When considering breaking your mortgage contract before its term ends in Canada, it’s essential to navigate the complex landscape of financial penalties and the array of mortgage penalty calculators available. This comprehensive guide aims to shed light on mortgage penalties, offering insight into alternatives and highlighting essential tools to help you estimate potential costs. Armed […]

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Mortgage Renewal or Refinancing in Canada

Renew or Refinance: Making the Best Mortgage Decision

Mortgage, Mortgage Refinancing /

Renew or Refinance: Making the Best Mortgage Decision When it comes to managing your mortgage, the decision to renew or refinance can have a significant impact on your financial situation. Understanding the differences between the two options and evaluating your current mortgage terms can help you make an informed choice that aligns with your long-term

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MORTGAGE IN CANADA

Mortgage Renewal in Canada: A Complete Guide to Securing the Best Deal in 2024

Mortgage, Mortgage Interest Rates, Mortgage Rates, Mortgage Refinancing, Mortgage Renewal /

 Mortgage Renewal in Canada: A Comprehensive Guide to Securing the Best Deal in 2024 Renewing a mortgage is a significant financial decision that homeowners in Canada face at various points in their homeownership journey. Mortgage renewal offers an opportunity to reassess your financial situation, evaluate your options, and secure the best deal that aligns with

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Better rate on your mortgage

Mortgage Rate Trends and Where Are They Heading

Mortgage, Mortgage Interest Rates, Mortgage Refinancing /

Mortgage Rates and Canadian Bond Market Knowing mortgage rate trends and tracking accurate mortgage interest rate forecasts are important to the home buyers as well as sellers. Being on “the right side of the market” can enhance the profitability of a home sale — or the affordability of a new mortgage or refinance. But because

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Better rate on your mortgage

It’s Never Too Late to Get a Better Rate on Your Mortgage

Mortgage, Mortgage Interest Rates, Mortgage Refinancing, Tips for Home buyers /

Perhaps you are a first time homebuyer, or maybe you have been in your current mortgage for years; whatever the case may be you should realize that it is never too late to get a better rate on your mortgage. Many people believe that mortgage interest rates are set in stone once they sign the

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house insurance

Fixed or Variable? How to protect your mortgage from higher interest rates.

Mortgage, Mortgage Refinancing, Tips for Home buyers /

Fixed or variable? It’s a simple little question with enormous ramifications. On a $500,000 mortgage, each 1% interest rate increase means your ability to borrow is reduced by $50,000. And it’s looking likely that mortgage rates will rise maybe by one or two percent over the next few years, considering Canada’s lowest rates were here

Fixed or Variable? How to protect your mortgage from higher interest rates. Read More »