Today's Best Mortgage Rates

Saving money on your mortgage can help you pay off your debt faster and free up some cash for other goals. I am a mortgage broker that works hard to ensure the mortgage you receive is best suited for you and your financial requirements. Below you will find the best mortgage rates for Kitchener Waterloo and the GTA.

I am proud to be your local Kitchener-Waterloo independent mortgage broker.

Here are some money saving tips for you:

• Compare rates online before you get a mortgage or when you renew or refinance.
• Make a larger down payment if you can afford it. This will reduce the amount of money you need to borrow and the interest you’ll pay over time.
• Change the amortization period of your mortgage. This is the length of time it will take you to pay off your mortgage in full. A shorter amortization period means higher monthly payments, but less interest overall. Change the frequency of your payments. Instead of paying monthly, you can pay biweekly or weekly. This will help you pay off your mortgage faster and save on interest.
• Round the monthly payment amount up. For example, if your payment is $1,234, you can round it up to $1,300. This will help you pay off more principal and less interest.
• Make a lump sum payment whenever you can. This is an extra payment that goes directly towards your principal. You can use your tax refund, bonus, inheritance, or any other windfall to make a lump sum payment.
• You can also make weekly or bi-weekly mortgage payments instead of monthly mortgage payments to pay less interest and speed up the date when your mortgage is paid off.