Back to Blog
4 Apr

When is it time for a mortgage review

General

Posted by: Angela Calla

 
You may have heard about already low interest rates getting even lower and wonder what to do with this information!

When there is a change in rates of 0.5- 0.8 of a percent it’s worth it for us to work the numbers to see if there is any additonal savings by taking advantage of todays lower fixed rates, and securing that for you for a longer period of time, so if you have an interest rate of 3.5% or higher it justifies a review.

A mortgage should be reviewed quickly each year; we find it easy to remember to review your mortgage when you get your taxes done as you will have your documents handy. This way you ensure even if you did your mortgage only a year ago you can ensure you are always saving the most amount of money and optimizing the current mortgage market.
 

Thanks and have a great day,
Angela Calla, AMP
Dominion Lending Centres-Angela Calla Mortgage Team
Host of The Mortgage Show Saturdays at 7pm on CKNW AM980
Phone: 604-802-3983 Fax: 604-939-8795
“An introduction to someone you care about is a big responsibility.it’s also the biggest compliment a client can give us & it’s not taken lightly. We pledge to treat everyone that is referred to us with the utmost respect & professionalism”.
www.angelacalla.ca <http://www.angelacalla.ca/
Reach my Team Chris Adkins & Denzil Anderson at 604-939-8777 & callateam2@dominionlending.ca