Save Interest Costs With A Merry Christmas Renewal Proposal

Renewal Strategy

OK - MOST OF US HAVE A MORTGAGE. But, Most Simply Sign The Renewal Offered By The Bank which is usually a higher rate than what can be had in the market.

How lazy is that?

When a mortgage comes due at the end of the term, it's the time to take a careful look at what could be done.

Do you have personal debt to pay off?
Do you need to renovate or buy a second home for a family member?
Do you have excess room in your RRSP so you could contribute and reduce your income tax payable?

Take a look at a Merry Christmas Renewal Strategy and consider a 2nd opinion to:
save on interest costs;
eliminate payment shock in 5 years; and,
shorten the life of your mortgage.