February 25, 2018

How To Prepare For Your Mortgage Renewal

In today’s marketplace, nearly 60% of people sign back their mortgage renewal letters without investigating other alternatives.  As a result, there are little or no incentives for the financial institutions to offer the best rates on renewal.  You will also notice that the institutions send out the renewal letters 2 – 3 weeks before your mortgage matures as this leaves you very little time to arrange financing with another lender or to take advantage of the lower rates that may have occurred in the 3 – 4 months before your renewal date.  Rest assured that the first offer is most…

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