shirleymaysonet
New Poster
Cash: $ 0.50
Posts: 2
Joined: 27 Dec 2017
Location: Canada |
Mortgage rates in Canada |
|
|
Hi
I would like to reduce monthly payment on my mortgage and the interest rates. I think refinancing is the best option. Paying less towards the mortgage each month frees extra cash in my budget that can put towards my short- and long-term savings goals.
What will be better, fixed or adjustable? Now I have a fixed one. Can I change to the variable while refinancing? Are there any consequences?
I came across Northwood mortgage rates in Canada. Can they help me in refinancing? Will they get me the lowest rates?
If you have some previous experience, let me know. Thank you
|