How to avoid a mortgage penalty if I want to sell before my 5 year term is over?

Question

Accepted Answer

Porting your mortgage is an excellent way to avoid paying costly mortgage penalties.  Often staying with the same lender and if required "blend and extend" your old mortgage with the new rate may be an option if you decide to move before your mortgage term is over.

Edmonton Real Estate - May, 2021

NEW HOMES FOR SALE IN EDMONTON AND AREAS UNDER $400 000