Renewing My Mortgage in 2025 🇨🇦 What you need to know

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Roughly 1 million Canadian mortgage borrowers who locked in at rock bottom rates in 2020 are set to renew their mortgage in 2025.

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses 7 things that you must do to ensure you get the best rate and mortgage terms if you are looking to renew your mortgage this year.

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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.