Mortgage renewal

Discussion in 'Financial Futures' started by Winfred01, Sep 9, 2017.

  1. Winfred01

    Winfred01

    Hi,

    Does anyone know more about mortgage renewal? I want to renew my mortgage, which I took 5 years back. It is a 20-year variable rate mortgage. I feel it hard to make the variable interest payments. So, I decided to port to a fixed rate mortgage and I came to know that renewal is the best option available.

    In my search, I came across some of the companies offering mortgage renewal in Ontario. But, I haven't heard about them before. Do you have any experience with them? Or do you have any suggestions regarding the companies?

    Hope someone over here would help me soon. Thank you.