Happy winter everyone!
With interest rates continuing to climb, it is important that for those of you with a mortgage coming up for renewal that you shop around.
60 to 90 days ahead of your mortgage needing renewal it would be an idea to reach out to a Mortgage Broker to see if you can find a better rate! Who knows... your bank may even match the better rate!
One thing to remember is that if you do change mortgages you will have to requalify.
I trust that this is helpful to some of you.
Best wishes.
Paul
Mortgage coming up for Renewal?
Blog by Paul Thomas, REALTOR | November 8th, 2022
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