If you can not sleep at night, unless you know that your mortgage payment is $ xxx.00 every month, then a long term fixed rate mortgage is the best option for you.

If conditions have changed "or your objectives' you may need or want to change your repayment term of five years or 15 years.

Do not make the mistake of applying five companies in refinancing, you will not be taken seriously by the lender you choose.

The mortgage broker Suzie marked its 0.75% interest rate because the lender pays a decrease of one percent for each quarter percent pay too Suzie.

This has created a climate of uncertainty for those in the market for a mortgage refinancing.

First, when you refinance, you should keep your long-term financial goals in mind.