Mortgage Renewal Rates
Generally speaking, Canadian homeowners choose mortgage products with mortgage rates in Edmonton that renew every 5 years. At the time of mortgage renewal, it is important for homeowners to again start thinking about their mortgage rates in Edmonton as well as the terms, the same way they did when they first purchased their home.
Just the same as when first purchasing their home, the best way to ensure that homeowners get the best mortgage rates in Edmonton and product at the time of mortgage renewal is to do your homework, and shop the market.
Most people simply accept the offer they receive from their existing mortgage holder without consulting a qualified mortgage broker, or finding out what the best available mortgage rates in Edmonton are at the time of mortgage renewal. In doing so, borrowers can often unknowingly accept mortgage rates in Edmonton that could cost them thousands of dollars in interest more than mortgage products they would otherwise qualify for. At Alberta Mortgage we will earn your business by searching for the lowest Edmonton mortgage rates possible, the very first time you call.