Canadian Mortgage Renewal 2023, My 5 Year Fixed Rate EXPIRED!

Is your 5 year mortgage up for renewal this year like roughly 25% of fixed rate mortgage borrowers in Canada? If it is, have you considered what your new monthly mortgage payment will be?

In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through his real life example to provide some context as to what Canadian mortgage borrowers looking to renew their mortgage this year will be up against in terms of new monthly mortgage payment at renewal.

Special thanks to our video’s sponsor, CityWide Mortgage Services. If you are looking for a customized approach when it comes to your mortgage, get in touch with CityWide today.

CITY WIDE: https://mtgapp.scarlettnetwork.com/KR_Properties/home

#SurreyRealtor #SurreyRealEstate #CanadianMortgageRenewal
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If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities.
📱 call or text: 604-549-5828
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The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.