When you take out a mortgage, you’ll sign a contract with your lender that outlines the specific features of your mortgage, such as the interest rate you’ll pay, whether it’s open or closed, and any additional perks such as the ability to make accelerated payments, and porting your mortgage.
Read articleMortgage renewal
On December 16, 2024, the federal government unveiled its Fall Economic Statement (FES) – and as the surprise resignation of Finance and Deputy …
Read articleIt may catch you off guard when the letter comes in the mail: it’s time to renew your mortgage. Sign now, says your bank, and you’ll be all set …
Read articleThe last several years have been a tumultuous time for mortgage shoppers. Variable interest rates have marched steadily higher since March 2022, …
Read articleFor Canadians who currently have a mortgage, higher interest payments are a certainty in the near future. That’s the harsh truth, despite expectations …
Read articleIt’s no secret that impending mortgage renewals this year and next are a prominent concern. With an anticipated $251 billion in mortgages coming …
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