Cut Your Debt – A Smart Refinance – Canadian Mortgage Scenario
This is a story about a couple who made a really sound financial move a few years ago. For confidentiality, I’m going to call them Wilma and Fred Flintstone.
Here are two reasons to read this story and consider whether this strategy could help you.
Canadian mortgage rates are near all-time lows.
Rumours of Less Competitive Renewal Rates in the future: With deteriorating credit and/or falling home values nationwide, clients may be offered higher rates than usual as lenders prepare for potential coming losses.