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Thursday, 19 September 2013

Mortgage Rates Rising Soon! Renew Now or Renegotiate!

Kawartha Lakes Home Owners - Money - Saving Strategy!

Kawartha Lakes Mums - check out these mortgage tips!

"Mortgage rates are expected to rise to 5.3 percent in 2014. If your mortgage is up for renewal or if you need to refinance to pay down some debt, now is the time, before the rates rise,' advises Allen Cripps of  Dominion Lending Centres.
Did you know there are generally two ways to get a mortgage in Canada? Yup,  from a bank or from a licensed mortgage professional.

While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada's largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! A mortgage broker works for you to find the best mortgage rate and fit for you, and can save you thousands!

Whether you're purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it's important that you are making an educated buying decision with professional unbiased advice.

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