Changes Coming for Mortgage Penalties

EditorMortgage News, Mortgage Term, Mortgage Types, MortgageCanadaCalculator, Refinancing my Property

One of the easiest ways to ensure you’re getting the best mortgage rate around is to renegotiate your financing terms when interest rates are low. Which is great… except for one small problem: penalties. Banks are notorious for slapping borrowers with hefty penalties, especially those who are looking to wiggle their way out of a long-term fixed rate deal. It … Read More