Can you save money on your mortgage?
Tuesday Jun 9th, 2020
ShareYou may want to review your current mortgage commitments. The current Bank of Canada overnight rate is at an all time low of .25% and the Prime Rate is 2.45%. This means that interest rates on loans and mortgages have never been lower. Many of my clients have found great savings by either refinancing their current mortgage at a lower interest rate or by paying a penalty to break their current mortgage and refinancing. Over the period of your mortgage even a small decrease in your interest rate... [read more]
