Are you interested in refinancing your mortgage? We have some tips and advice for you to help you get started.
What a mortgage refinance does is it will replace your present mortgage with a new loan. The loan can have different terms and conditions, such as moving to a lower period with an adjustable or fixed interest rate. Generally, the typical change is a lower interest rate. Mortgage refinancing can also allow you to lower […]
Your step-by-step guide to mortgage refinancing in Canada
There comes a time for homeowners when they will be required to refinance the mortgage on their property. According to the Canadian Mortgage and Housing Corporation (CMHC), a mortgage refinance is a type of refinancing that allows prospective homebuyers to pay the full mortgage amount of the prior one by securing another one. The new […]