Switching your mortgage for free…or a low penalty. (TD,RBC, CIBC) Part 1

You see better rates than what you currently have with the TD or Royal bank. What do you do?

First off ask yourself do you have mortgage insurance with the bank or critical illness insurance?
If yes good news you can replace that with better coverage! This is your first step. Since you most likely will switch at some point, your mortgage insurance will be gone if it is with the bank and you move it!

Read the link on my site which talks about this point.

https://www.rightinsurance.ca/life.html

Stay tuned to part two. Switching mortgage for free or a low penalty.