A white model home with a brick chimney and white shutters sitting on a hedge, highlighting mortgage renewals

Information on Mortgage Renewals

Matthew Jackson Mortgage Renewals

Are you close to the end of your mortgage term?  When you choose a fixed or variable rate mortgage, you choose a term where you are guaranteed a certain discounted rate at the bank from 6 months to 10 years. Once that term is near completion, normally your bank will send you a letter stating your renewal date and the …