Just like with your first mortgage, you need to
start early and do your research when renewing your current mortgage. A surge
in mortgage renewals, rising interest rates and new stress testing rules are
conspiring to make...
The new year is a time for making personal resolutions, writing business
plans, evaluating your involvement in memberships and affiliations, and getting
back on track with health and fitness. It is also a great time to book a mortgage
checkup, and make sure your mortgage is working for you the way it should be.
If you are like most Canadian borrowers, your mortgage will most likely be up for renewal more than once before you are able to pay off your home loan entirely.