Does Renewing a Mortgage Early Cost or Save You Money?
When interest starts climbing, locking in your mortgage rate can seem like a no-brainer. Sign too quickly, though, or skip comparing offers altogether—and that rushed decision can cost you more than the rate hike you were trying to avoid in the first place. Below, we get into when that instinct pays off for Ontario homeowners, […]
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Start Your New Mortgage Term Off The Right Way
Tips For Renewing Your Mortgage When your mortgage term ends, you have a few options in front of you. What you do may affect how much you are required to give per payment, among other conditions. At the end of your mortgage term, it can feel tempting to sign the renewal document without giving it […]
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What Happens If Your Mortgage Renewal is Denied?
Tips to Help You Navigate Declined Mortgage Renewal Applications All across Canada, homeowners are faced with a daunting reality each year—their mortgage renewal. For many, the not-so-simple process of qualifying for a renewal is stressful. But stress takes on a whole new form when your renewal application is declined. So what’s next? While it is […]
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Mortgage Renewal Tips
Tips for Finding the Best Mortgage Before It’s Time for Renewal Often, when a mortgage term is up, many Canadians automatically renew instead of looking for a better deal. Ottawa mortgages are no different, as renewal often seems like an easier option. If your financial situation has changed, you might want to look at your […]
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