Mortage advice?
I have about 18 months left on my 5 year fixed mortgage at 2.39% from 2017. Would it make sense to do a refinance/renewal? I was quoted 6K to break the mortgage due to IRD calculation. The new rate given to me by TD is 5 year fixed closed 1.76% and 3 year fixed closed 1.81%. still have about 340K left on the mortgage. Any feedback or advice would be appreciated as to whether I should exit TD completely, or break and still come back with a new 5 yr fixed rate offer. How great of a difference is 0.62%?
Heatware: TheOneBarton