Mortgage Penalties for Fixed Rate Closed Mortgages

Mortgage penalties explained for fixed rate closed mortgages. Three (3) months of interest or Interest Rate Differential (IRD), whichever is greater. I covered mortgage penalties for variable rate closed mortgages in a previous post. For further information on mortgage penalties and or to discuss all of your options, contact me at any time, maury@maurylum.com.

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Filed Under: First-Time Buyers, Mortgage Refinance, Renew mortgage
Tags: first time home buyer, first-time buyer, fixed rate mortgages, interest rate differential, IRD, mortgage broker, mortgage broker Vancouver, mortgage penalties, Mortgage Refinance, mortgage renewal, pay off debt, Refinance