interest rate differential

Costs of breaking a mortgage

Breaking a mortgage for better rates can pay off – but beware of the costs

October 4, 2024 No Comments

Interest rates are dropping, but many Canadians are still feeling the hangover of the highest lending costs in a generation.

Prepayment penalty calculations

Why mortgage brokers should know prepayment penalty calculations inside and out

March 17, 2023 No Comments

All mortgage brokers should have a comfortable working knowledge of how prepayment penalties are calculated and applied.

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