Fixed Rates Have Dropped - Now is the Time to Refinance!

 

Fixed Mortgage Rates have dropped significantly over the last 6 months, by about 0.5% just since the New Year!  This means that refinancing is even more affordable and now is a great time to explore options for borrowing additional funds. 

If you've been wanting to do some home renovations, get rid of high interest credit card debt, or take care of other expenses, like post-secondary education for the kids, the wait is over. 

When restructuring a mortgage, we can often blend the new funds required right into the current mortgage, meaning that the dreaded penalty is avoided. 

We can also explore adding secured lines of credit to your borrowing, so that you have flexible options around when you spend your money and when you have to make payments on borrowed funds. 

If you or someone you know would like to benefit from today's low interest rates, give me a call today at 778-240-6641