When you first get a Mortgage, the repayment period is typically 25 years, and the mortgage interest rate is five years. This means that if you make the minimum mortgage payment, the mortgage will renew four times (every five years), and you will have no mortgage left by the end of 25 years. Like clockwork, […]

The post Mortgage Switch Vs Mortgage Renewal: What’s the Difference appeared first on Financegab.