You're still a bit early as the maximum rate hold on a switch is 90 days. Lowest 5 year fixed for your situation right now is 2.54%. There are shorter term rates available as well, however they are a fair bit higher. You would need to reach out end of June once you are within your 90 day window. Hopefully, rates will be a bit lower at that time.Debtfreeme wrote: ↑ looking for best rates via mortgage broker, renewal is up.
What is the remaining mortgage amount? $240,000
-How much is the property worth? 370,000
-Where it the property located? Kingston, ON
-When is the renewal date? Sept 30
-Will the property be owner-occupied or a rental? Owner
- HELOC? No
- No CMHC
Credit score - excellent
looking for 4 and 5 year fixed rates.
HELOC would be nice as well
Mortgage Broker, Author
CityCan Financial Corp (lic. 10532)