According to the Canadian Association of Accredited Mortgage Professionals, over the past 20 years mortgage repayment periods have shrunk to two-thirds of the actual contracted period. Furthermore, during the past year – a time when household debt has soared to a record high – 32 per cent of borrowers have managed to dramatically accelerate their mortgage payment schedules. Yes you read that right!
Want to have a plan to pay our mortgage off faster as a first time buyer, moving up the property ladder, mortgage refinance, mortgage renewal contact our team directly at 604-802-3983 or callateam@dominionlending.ca it comes courtesy with every mortgage we do.
Thanks for visiting
Angela Calla, AMP
Dominion Lending Centres
Host of The Mortgage Show Saturdays at 7pm on CKNW AM980