Mortgage Renewal In 2024? How To Avoid Payment Shock (Canada 2024)
At mortgage renewal, Canadians are seeing their mortgage payments go up by as much as 46%. If your mortgage is up for renewal, what can you do about it? In this video, I’m going to show you how to get ahead of the game to reduce your mortgage payments. Need help with your mortgage? Contact me! [email protected] 416-435-8340 Victor Camba B.Eng Mortgage Broker Brokerage License 13072 8Twelve Mortgage Corp. Visit: https://alternativemortgage.ca/ CHAPTERS: 00:00 Introduction 00:37 Why worried about mortgage renewals? 01:51 How much will mortgage payments go up? 03:14 Mortgage renewal process 04:38 3 Renewal strategies 05:25 Insured mortgage switch 06:31 Collateral mortgage transfer 07:54 Mortgage refinancing 08:52 3 Important considerations Providing Bank financing, B-lender and private mortgages for the Greater Toronto Area, Richmond Hill, Vaughan, Newmarket, Aurora, Markham & Mississauga. #mortgagerenewal #mortgagerefinance #mortgagebroker #torontorealestate
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