Quote:
Originally Posted by photon
Just got docs to renew a mortgage, and the existing mortgage is at prime - 0.8%. The options they list as choices are all worse than that (5 year variable 3%, 5 year open variable 3.8%, 5 year fixed closed 5.29%), do I have to accept one of their choices? Or can I "do nothing" and renew at the current terms?
|
I have the same rate and just re-signed at the same. Kind of some weird circumstances as I bumped my mortgage up and basically signed in to a new one but they did give me the same rate.