Mortgage renewal time is an excellent time to review your mortgage to make sure that the financing that you currently have in place meets your present and future borrowing needs. For most homeowners, the completion of a mortgage term would allow us to review all of the market options available to them and, if necessary, move their mortgage to a new lender without any interest penalties or associated costs.
Our recommendation would be for you to contact us six months prior to your current mortgage maturity date. That allows us to put a rate hold in place for you that could possibly save you thousands of dollars in an increasing rate environment. To add to the list of advantages, our service is free. If your mortgage is due within the next year, please contact us today.