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Maximizing Your Mortgage Renewal: Why You Should Explore All Your Options
As your mortgage renewal date approaches, it’s a great time to reassess your financial situation and explore new opportunities. Many homeowners assume that renewing with their current lender is the easiest option, but doing so without exploring other options could mean missing out on better rates and terms. Here’s why reviewing your mortgage renewal carefully can make a big difference.
Understanding the Costs: What to Expect When Refinancing Your Mortgage
In 2024 it is so important to understand what it takes to refinance your mortgage. Many people who made a purchase in in 2020/2021 are now experiencing this. With all the noise surrounding mortgages, I wanted to clarify what a refinance entails.
Refinancing Your Mortgage
A mortgage refinance is when you pay off your current mortgage, while replacing it with a new one. Essentially, when you refinance your current mortgage you are negotiating another, usually with more favourable terms.