Should I Renew My Mortgage Early?

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Why You Should Consider Renewing Your Mortgage Early

If you are in the last two and a half years of your mortgage you need to pay attention.

For years interest rates have stayed low - very rarely showing signs of increase. Unfortunately, that's changed. Interest rates are on the rise and now is not the time to get caught ignoring your mortgage.

Interest rates have been trending upwards. In September of last year you could still get a 5-year fixed mortgage for under 3%. Today, the best rate on the market is 3.29% and the average is 3.5%.

The problem - what if interest rates continue to increase?

The presenter has taken great care in preparing
this video, however makes no representations or warranties with
respect to the accuracy or completeness of its content. The contents
of this video should not be considered a substitute for
professional financial advice. Please consult a financial professional
before implementing any of the strategies described in
this video. The presenter shall not be held liable
for any loss of profit or any other financial damages, including
but not limited to special, consequential, incidental, or other
damages.

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#mortgage #mortgage_canada #fixed_rates #mortgage_calgary #mortgage_broker #mortgage_renewal #renewal #refinance #Bank #mortgage_broker_calgary

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