You're way too early for us to be able to give you accurate advice so we really can't give you an answer as we don't know where rates will be or what your options are at that time. You'll want to reach out again in January 2020 when we are within 90 days of your maturity date. It may make sense to keep it with MCAP or it may make sense to switch it to a different lender. We won't know until we know what options are available at that time.ovovov wrote: ↑ hello mortgage gurus:
I have a renew coming up at Apr 2020. Currently with MCAP@3.05% variable. total principle balance is about 170k. (
my intention is to get best rate possible, and what is your expertise on how and when should i apply for a renew?
shall i keep it with MCAP? or would i be better to change a different lender? is there any more info do you need ?
Mortgage Broker, Author
CityCan Financial Corp (lic. 10532)