Is Your Mortgage Renewing in 2018?
CIBC recently announced that 47% of all mortgages in Canada will be coming up for renewal in 2018. In Canada, there are $1.6 Trillion of mortgages outstanding!
If you or someone you know has a mortgage maturing this year, then we should talk.
Many lenders don't offer you the best deal when you renew your mortgage and they wait until the last minute to remind you of the renewal.
This year, I have already talked to many clients and saved them a great deal by connecting early - 3 or 4 months prior to the renewal date.
Many lenders are offering big discounts to lure new clients. Currently variable mortgages are available at 2.45% to switch! Typically those rates are not available to their existing clients.
If you would like to discuss your mortgage renewal, please feel free to contact me. It could save you thousands of dollars. Call me at 778-877-7487 today.
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