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Mortgage Renewal
Renew Mortgage
A reader asks whether COVID-19 has affected her ability to renew a mortgage while still in a consumer proposal, and whether it's possible to refinance, pay off the remainder of the consumer proposal and establish a secured line of credit.
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Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know how much you're able to spend, getting a mortgage pre-approval is well worth it, and can save thousands of dollars or more. The principal benefits are protection against rate increases, and the safety and security...
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mortage renewal 700450X THUMBNAIL
Canada's mortgage stress test and a new international accounting standard -- IFSR 9 -- are creating tremendous uncertainty for mortgage renewals, including for some borrowers, shockingly high interest rates.
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mortage renewal 700450X THUMBNAIL (1)
Auto-renewing your mortgage is easy, but can be a very poor financial decision. These top 3 mortgage renewal tips will help you get the best rate and terms and may save you thousands of dollars.
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REFINANCE 700450X THUMBNAIL
Refinancing your mortgage can be a great tool to achieve many different financial goals, from saving money by lowering your rate, to consolidating debts, to taking cash out of your equity for renovations, investment opportunities or even education.
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