While nearly 60 percent of borrowers simply sign and send back their renewal without ever shopping around for a more favourable interest rate, this is actually the best time to check out your options.

Since your term is ending, this is a great time to shop the market or redo your mortgage WITHOUT PENALTY! If you have been wanting to switch your mortgage from fixed to variable-rate (or vice-versa), or want to move to a different lender or try for a lower rate, now is your opportunity. Take advantage of the flexibility that comes with this stage of your mortgage term to tailor your mortgage to your current financial situation and goals.

By consulting a mortgage broker before signing your renewal, you can unlock the potential to save thousands of dollars over the life of your mortgage. Simply Mortgages is here to guide you through the process, ensuring you secure the best terms and rates available, ultimately paving the way to a brighter financial future. Don't miss out on the chance to make the most of your mortgage renewal—talk to a Tanya today.