Mortgage renewal

When does your mortgage renew?

Most people sign the letter their bank mails them. Shopping it 120 days out is usually worth a call. Tell Ken the month and he will check the market for you at the right time.

• The 120-day window

  Lenders hold rates for up to 120 days. That is when a broker can shop your renewal properly, with no penalty.

• Dozens of lenders, one call

  Banks, monolines and credit unions, including your current lender. Switching usually costs nothing.

• No obligation

  If your bank's offer is the best one, Ken will tell you to take it.

Prefer to talk? Call or text Ken at (416) 520-5544.