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Podcast: Saskatchewan Real Estate Podcast
Episode: Breaking your FIXED RATE mortgage in 2025
Description: Thinking about breaking your fixed-rate mortgage? With interest rates dropping, more homeowners are exploring whether breaking their mortgage early could save them money. But before making a move, it's crucial to understand the costs, risks, and potential savings.In this episode, I sit down with Matthew Imhoff, a prepayment penalty expert, to break down everything you need to know about Interest Rate Differential (IRD) penalties, timing your mortgage break, and strategies to minimize penalties while maximizing savings.Don’t forget to LIKE, COMMENT, and SUBSCRIBE for more expert insights on...