👋The term ‘𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗦𝘄𝗶𝘁𝗰𝗵’ is often used interchangeably with the ‘Refinance’ , however, they are not the same and function very differently. 🔁A mortgage switch/transfer involves moving your current mortgage from one lender to another without adjusting the remaining amortization and mortgage balance. 🔣With a mortgage switch, the only things that change are your term […]

𝑻𝑯𝑬 𝑭𝑨𝑪𝑻𝑺: 🇨🇦 𝑴𝒐𝒓𝒆 𝒕𝒉𝒂𝒏 1 𝒊𝒏 5 𝒆𝒎𝒑𝒍𝒐𝒚𝒆𝒅 𝑪𝒂𝒏𝒂𝒅𝒊𝒂𝒏𝒔 𝒂𝒓𝒆 𝒃𝒆𝒕𝒘𝒆𝒆𝒏 55 𝒂𝒏𝒅 64. ❎️ People 65+ have an average annual income shortfall of $20,000 ❎️ 39% of Canadians aged 55-64 don’t have an employer pension ❎️ The average Canadian has saved less than $200,000 🪙For retirees on a fixed income, worries about taxes, […]