A run down of what's going on in the market and the company.

Friday, August 12, 2011

You want to refinance to invest, but what will your mortgage penalty be?

Interest rates are low, and going lower. Most savvy investors are refinancing their homes, pulling out the equity and using it to invest in Real Estate to become very rich. But when you refinance, there is a penalty you have to pay to break the mortgage. Is it worth it, and how do you figure out what the penalty will be?

Read More Here: http://www.canadianmortgagetrends.com/canadian_mortgage_trends/interest-rate-differential-ird.html

No comments:

Post a Comment