Renegotiating your mortgage agreement

You might think about changing your mortgage contract before the term ends, either because your financial situation has changed or to take advantage of changes in the interest rates. This is called renegotiating your mortgage.

If you break your mortgage contract before the end of the term you agreed to, you may be charged a penalty that could be thousands of dollars. Knowing what questions to ask can help you decide if breaking your mortgage agreement makes sense.

All about renegotiating your mortgage

Related Resources