Break the mortgage before term profitable despite the penalty?

Mortgage interest rates have declined significantly in recent years. In September 2009, it was possible to find in some institutions interest rate of 4% on a closed mortgage term of 5 years … Never seen, but what about today? In the current context, more and more homeowners are considering breaking their mortgage, even before term, […]

Mortgage penalty, often an unpleasent surprise?!

Do you know the conditions on the penalty of a mortgage loan about fixed rate? The financial institutions do not calculate all in the same way, it is important to inquire well before signing a mortgage loan. Here’s an example: You buy a $200,000 property from a 3.19% rate and remaining term of 2 years, […]

    Mathieu Lebrun’s Team

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