If you are are approaching your mortgage maturity, now is a great time to start the renewal process. It is never too early to take the proactive approach and as a mortgage broker I will assess your needs and ensure the mortgage is working for you and not the lender.
Not all mortgages are the same, check out some of the various options available.
Up For Renewal?
How does it feel, like just another day? Your mortgage is down, your net worth is up, what else can we ask for?
Ok, your buying your home, you have applied for a mortgage and you have been pre-approved!
In Canada, a mortgage contract contains all the conditions that you follow while you have your mortgage. You are bound to this contract for the TERM of your mortgage, which in Canada is typically five years.