As we move through the challenging market times, one thing is certain: it's always an ideal time to be prepared with a proactive mortgage strategy. Whether you have a renewal approaching, considering a new home purchase, or thinking about accessing your home’s equity, preparation is key to making confident and timely decision, regardless of how the market evolves.
Here are some Great Strategies to do Right Now!
If you're considering a new home purchase: Get pre-approved now to understand your borrowing capacity and act quickly when the right property or interest rate comes along. Pre-approval gives you a competitive edge, focuses your search, and helps reduce stress.
If your mortgage is up for renewal within the next twelve months: Be proactive. You don’t need to wait for your lender to send you a renewal letter or accept their offer without question. Renewal is the perfect time to reassess your needs, explore other lenders, and potentially secure a better rate. Starting early could save you thousands over the term of your mortgage.
If you're thinking about tapping into your home equity: Now is a favourable time to explore refinancing, especially while home values remain strong. Whether you're funding a renovation project, consolidating debt, building financial flexibility, or would love that down payment for that summer cottage, accessing your homes equity today allows you to take advantage of current conditions before any future rate or policy changes.
Let’s Build Your Personalized Mortgage Strategy
Even if you're not planning any immediate changes, checking in with a mortgage professional ensures you're informed and prepared. I’m here to help you align your mortgage strategy with your short- and long-term goals, whether that means renewing, buying, refinancing, or simply understanding your options.
Let’s connect today to discuss how I can support your financial goals.
Reach out to me anytime, I’m here to listen.