Home Purchase

Misissuaga Mortgage Blog

Minimize your mortgage penalties in Misissuaga

If your mortgage matures in 2011 it might be worth your while to get approved for a mortgage now.  In this way we take advantage of the current very low mortgage rates.  The mortgage approval would be valid for 120 days.  At the end of 120 days we can eveluate the mortgage rates at the time of the rate expiry.  If the rates have increased your mortgage penalty would be decreased significantly and it will be worth the refinance.  If rates are still low we can just get another approval for 120 days.  In this way you win!  Contact me to show you how.