I'm guessing the purchase price was over $1M when you bought in 2017?Chuckster12 wrote: ↑ Hey there, I have a mortgage renewal coming up for the end of august.
How much is the mortgage owing? 1.18M
-Roughly, what is the current market value of the property? 1.6M
-Which city is the property located in? Richmond hill, ON
-Is the property owner-occupied or a rental? Owner
-Who is your current lender? Scotiabank
-Do you have a HELOC tied to the mortgage? No
-Is the mortgage CMHC insured? No
-When did you buy the property? 2017
-When is your renewal date? End of august
Wondering what kind of rates I can expect to see
Best rate would be 3.09% 5-year fixed at that LTV.
Principal Broker - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative