By renewing your mortgage when your term is about to expire, you might be able to negotiate a cheaper interest rate. The reason for this is that the bank will compete with other lenders for your business. If you renew with a bank, many of them will also provide incentives like cash back or a lower mortgage rate. To obtain the greatest bargain, you must, however, compare prices and shop about.
I have a strong desire to locate the ideal product for your requirements. We collaborate with all of Canada’s top banks and lenders to ensure that you receive the best mortgage rate possible. We always monitor the most recent developments in Surrey mortgage renewals.