If your mortgage renewal is coming up in Ontario or any other province, you might be noticing how the market has shifted since you signed your original contract.
The mistake most homeowners make is waiting until the last minute and simply signing the first offer from their current bank.
You do not have to accept their initial rate.
Taking charge of your renewal involves three simple steps.
Start looking at your options at least four months before your term ends. Review your current household budget to see if your financial goals have changed. Finally, compare options from multiple lenders to find a structure that fits your lifestyle.
If you want to chat about your upcoming renewal, let me know.