Real estate blog entries tagged with refinancing by Robert Morrow (Chase Realty Inc. Brokerage)

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Home : Blogs : Robert Morrow : Hamilton Home Review-Robert J. Morrow, editor : Tag "refinancing"

refinancing: Re-financing your mortgage? Watch out for those insane penalties! - 04/30/09 01:29 PM

This from my friend and associate, Rita Cruse of Mortgage Alliance:
"There has never been a better time for people to take a close look at their current mortgages...However the Bank's are also aware of the fact that rates today are significantly better then they were 6 months ago... So watch out for the penalties.. We are seeing "HISTORICAL PENALTIES" that are being quoted with these new historical low mortgage rates... I had one client this week with $36,000 being quoted.In the last 2 weeks I have had clients penalties go from $4000 - $25,000 and up...How can the Bank's get … (0 comments)

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Robert Morrow

Hamilton, ON

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Chase Realty Inc. Brokerage

Office Phone: (905) 648-3333

Cell Phone: (905) 536-4644

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Blog by Hamilton Home Review's editor, Robert J. Morrow, a licensed Realtor with Chase Realty Inc., in Ancaster, ON, Canada.

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