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Renewal Generally speaking, Canadian homeowners renew their mortgages every 5 years. When the mortgage term selected by the borrower comes near its end, it is important for homeowners to again start thinking about their mortgage. Just the same as when first purchasing their home, the best way to ensure that homeowners get the best mortgage interest rate and product(s) is to do your homework. Most people simply accept the offer they receive from their existing mortgage holder with consluting a qualified mortgage broker or finding out what the best available mortgage interest rates are. In doing so, borrowers can often unknowingly accept an interest rate that could cost them thousands of dollars in interest more than mortgage products they would otherwise qualify for. At Alberta Mortgage we will earn your business by searching for the lowest mortgage interest rate possible, the very first time you call. If your mortgage is coming up for renewal, or for more information about them contact one of the qualified mortgage professionals at Alberta Mortgage or Apply Online. |
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