25 Apr

Demystifying prepayment charges/penalties

General

Posted by: Andy Laforest

Below is an article taken from the ‘Financial Consumer Agency of Canada’ How will my prepayment charge be calculated if I break my mortgage before the end of my current term? ANSWER: If you have a closed mortgage, your lender may allow you to break your contract if you pay a prepayment charge (also known as […]

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