Mortgage Renewals

MMG Mortgages can hold interest rates prior to your maturity to get ahead of upcoming rate hikes. 

Keep in mind that you can break your term before the renewal date and often add penalties or costs onto your mortgage opposed to paying out of pocket expenses. Did you know that over 83% of Canadians make changes to their mortgages before their term is up for renewal? A large percentage of these clients are breaking their term, to simply roll their mortgage into a new lower rate or getting ahead of future increases.