Flexibility or Stability? Exploring the Pros and Cons of Short-Term Mortgage Renewals in Canada
Usually mortgage is a flexibility or stability this question arises in the minds of people. Mortgage plays a vital role in investment and when its period comes to an end in Canada people usually get confused about whether Canadian mortgage renewals are worth enough. renewal of mortgage can create long-term planning with years of a period like 5 or more whereas short-term mortgage can be of 1 or 2 years and they have very different and unique offerings.