Just got to renew my mortgage! Wooooo. Lol, 5.25% for 5 years yeah! The only thing that ended up being great was we worked a line of credit in at 1% + prime.
this post was submitted on 10 Jun 2023
14 points (93.8% liked)
Canada
9935 readers
670 users here now
What's going on Canada?
Related Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Local Communities
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
๐ Sports
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL): incomplete
Football (CFL): incomplete
Baseball
Basketball
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
๐ป Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
๐ต Finance, Shopping, Sales
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
๐ Social / Culture
- Ask a Canadian
- Biรจres Quรฉbec
- Canada Francais
- Canadian Gaming
- EhVideos
- First Nations
- First Nations Languages
- Give'r Gaming (gaming)
- Indigenous
- Inuit
- Logiciels libres au Quรฉbec
- Maple Music (music)
Rules
- Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 4 years ago
MODERATORS
Im at 5.90 now. Fortunately my mortgage has only a little over $100k left. So it sucks, but not painful. Feel bad for people who overextended.
We refinanced up to 174k but we are still on track to have our 30y amortization paid in 12 or less!
๐ซฃ
I don't understand what this means? ELI5 or is there somewhere I can read up on what real yields mean?
Oh, I read the article, interest rates are falling and briefly became negative which spiked inflation. And now interest rates have to suddenly rise to tame inflation.
Right as I need to replace my roof ๐ญ
๐๐๐๐ ๐ฆ๐ฆ on that variable rate. The second I lock in we all know rates are going to crater...
view more: next โบ