[mykalberta]

I can't speak for anyone else, but here is my situation as I know of it.

I have a mortgage, signed at an amortization peroiod of 25 years. I have a 10 year fixed rate at 5.15

Now, I am likely in a different position as my place is worth about 80k more than what I paid for it if I go by a unit sale last month in my buidling, same floor plan, lower level.

Are I not tied to that mortgage. Or is there some manouvering that can be done when you go for renewal - similar to Titan's thread.

For me per say it doesnt matter, no matter what the value of my place, if I can make the payments I will make the payments as I didnt buy the place to make money, I bought it to stop losing playing the renting game. I only decided to buy if I could make the payments at the current salary. I have increased salary since then so payments are no problem.