Refinancing Your Home
One of the best parts about life is that it is ever-changing. This is one of the reasons that mortgages are available on short-term contracts (such as the standard 5-year) so that you can adjust your mortgage over time to best suit your needs. However, in some cases you cannot wait until the term is up. In fact, roughly six out of ten homeowners with the standard five-year fixed rate mortgage break their terms within three years.
Original Article Source Credits: Dominion Lending Centres, https://dominionlending.ca/
Article Written By: DLC Marketing Team
Original Article Posted on: 4th January 2022
Link to Original Article: https://dominionlending.ca/mortgage-tips/refinancing-your-home