When the mortgage is about to mature, most
lenders will mail out their renewal agreements around 30 days
before the mortgage matures. Often, this causes a lot of grief
for many people, especially if rates start to climb just before
the mortgage comes due.
At CanadianMortgageRates.com, we can guarantee
your rates up to 90 days (4 months) before your mortgage comes
due, and this service is free and with no obligations. Just
this protection could and has saved thousands of dollars for
our clients. Let' get it working for you, too.
When your mortgage is due for renewal, it's
a great opportunity to make sure that you've got the right
mortgage for your present needs. Since the mortgage is fully
open at this time, this is the perfect opportunity to pay
down your mortgage. Whatever you can afford, even a small
amount, will have a significant impact in terms of interest
you will save over the life of the mortgage. It is also a
great opportunity at this time to consider a more frequent
payment method, such as bi-weekly or weekly, if you are not
already doing it. And of course, choosing the new term is
important. Refer to the "Tips" section about advice
on choosing the right term, or consult with one of our mortgage
specialists at CanadianMortgageRates.com.
Another step you can take to save thousands
of dollars in interest is if at renewal the rates are lower
than the rate you just had, and you are comfortable with making
those payments, keep the payments the same at the lower rate
and start planning for the mortgage-burning party.
We would be pleased to get in touch with
you by telephone or e-mail at 120 days before your mortgage
is due. We'll get you a rate protected at no cost or obligation.
It could be the call that saved you a lot of money on your
Simply fill out the form and click the SUBMIT button
and we will put your name in our computer for automatic reminder.