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Breaking our mortgage to beat the rate hike
Money & Career

Breaking our mortgage to beat the rate hike

Our five-year fixed rate mortgage term ends in July. I called our mortgage broker just before the recent rate hike to see if I could get preapproved and lock into a lower rate with a new provider on the early side (doing this at least gave us the option to switch lenders to a lower rate). Our broker came back to us with a much lower rate with a major bank.

Caroline Cakebread

2 minutes
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