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Mortgage Extension Form

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Instructions and help about Mortgage Extension

seems like the most important thing right now is what now so you have people who are about to renew their mortgages you know we normally think of either you're locked into a fixed mortgage so you can't take advantage of the rates or you can get a variable is there any other wiggle room than those two there is uh and I think a lot of people when they think fixed rate they think five years you can go for a shorter uh term if you're not sure where interest rates are going and that means that you will have another opportunity uh to fix a new rate or go variable a lot of economists are saying there could be a rate cut this year and that of course is going to weigh on you when you make that decision so when you sit down with your bank it's not just clearcut variable or fixed you can do a lot of Blended options as well and you can definitely make that term shorter so that it gives you options in the future you're going to have to do your homework though

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