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What you probably don’t know about renewing your mortgage

Under Home Advice


 

Written by

Written on November 5th, 2018

Around half of Canada’s mortgages are up for renewal this year. If yours is one of them, you’d be justified for feeling blue.

You might actually be able to renew at a lower rate

You will probably pass the stress test

Variable rates are looking good

You can lock in a fixed rate four months in advance

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