www.notapennydown.com Mortgage Renewal – Should you stay or leave? Should you renew your mortgage with your current lender Really depends on whether you’re happy with the mortgage rates your bank offers you. Typically, they don’t offer you the best because they think you will simply sign the renewal documents and send them in without checking. That’s why using a mortgage broker really comes in handy.. If you are not happy with what your bank is willing to offer, then you should consider taking your business to another financial institution. You have a great opportunity to take advantage of today’s low mortgage interest rates. Studies showed that over 50% of Canadian home owners signed their renewal and accepted what their financial institutions offered them. Very often they missed the opportunity to negotiate for a better interest rate with their mortgage renewal. When your mortgage loan is up for renewal, there is little cost to you to switch your mortgage to another financial institution. …

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Renewal mortgage with Vancouver mortgage broker mark Fidgett