Closed Mortgages
The Pros and Cons of Closed Mortgages and Is it the Right Choice for You What is a Closed Mortgage? A closed mortgage is one that is not allowed to be prepaid, renegotiated, or refinanced before the term ends without…
Category Refinancing
How much equity do you need to refinance in Canada
Refinancing Your Mortgage – The Importance of Equity How Much Equity Do You Need to Refinance? Lenders will only refinance up to 80% of a home’s value so you need to have 20% equity left after funding. Refinancing a mortgage…
Does refinancing cost money in Canada
What does refinancing a mortgage really cost and is it worth it? Refinancing can be a great way to save money on your mortgage payments or get better terms on your loan. Many Canadians are hesitant to refinance because they…
Why it is difficult to pay down debt
Reducing Debt is a Challenge – Mortgage Refinancing Can Help Debt consolidation is the process of combining multiple debts into one manageable payment. Consolidating debt can provide several benefits, such as a lower interest rate and simplified payments. However, despite…
Mortgage Refinancing
Refinancing a Mortgage Mortgage refinancing is all about saving money, and reducing your monthly payments. Find out if mortgage refinancing makes sense for you, and what you need to know. What is refinancing your mortgage? Refinancing your mortgage is when…
You must be logged in to post a comment.