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Podcast: Saskatchewan Real Estate Podcast
Episode: PREPAYMENT PENALTIES - How Much Does It Cost to Cancel My Mortgage
Description: PREPAYMENT PENALTIES - How Much Does It Cost to Cancel My Mortgage
What happens when you need to break your mortgage in Canada? Many Canadian don't know their residential mortgage works and what happens if you break your mortgage contract.
One of the most important things that a Canadian mortgage borrower should factor in when choosing a mortgage is how is my prepayment penalty calculated.
The fact of the matter is, is that lenders do not do a good job explaining how these prepayment penalties can arise and helping home owners avoiding them.
Today on the Saskatchewan Real Estate...