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Why Bank Penalties Are So Expensive and How You Can Save On Breakage Fees

Table of Contents1 Breaking Your Mortgage Can Be Expensive – Here’s How to Save on Fees2 What Are Mortgage Penalties?3 Reasons to Break Your Mortgage4 How Do Banks and Other Lenders Calculate Penalties?5 The Reason Penalties Are So Expensive6 How to Avoid High Penalties7 Myth That Porting A Mortgage Is Free Of Penalties With A […]

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The Difference Between A Refinance and A Mortgage Switch

Table of Contents1 How to Decide Whether It’s Time to Find a New Lender or Refinance Your Mortgage1.1 What is a Mortgage Refinance?1.2 Pros and Cons: When & Why to Choose Refinancing1.3 What is A Mortgage Switch?1.4 Pros and Cons: When & Why to Switch Mortgages1.5 The Bottom Line How to Decide Whether It’s Time […]

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Fixed Vs. Variable Mortgage Rates

Table of Contents1 How to Determine What Type of Mortgage Rate is Best for You1.1 What is a Fixed Mortgage Rate?1.2 What is a Variable Rate?1.3 Which One Should You Choose?1.4 How a Mortgage Broker Can Help How to Determine What Type of Mortgage Rate is Best for You Whether you are buying your first […]

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Refinancing Mistakes to Avoid

Things to Watch Out for When Refinancing Your Mortgage If you find yourself approaching the end of your mortgage term, you have an important decision to make—will you stay with your current lender, mortgage rate, and loan amount, or will you refinance? While mortgage refinancing isn’t mandatory, doing so can mean securing a better rate […]

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