How to Renew Your Mortgage with a New Lender

When your mortgage term ends, your lender will likely send you a renewal offer, but that doesn’t mean you have to accept it. In fact, mortgage renewal is one of the best times to shop around and switch to a better rate or a more flexible solution. At Cannect, we believe every renewal is an […]

How to Use Mortgage Renewal for Debt Relief

If your mortgage renewal is coming up, it’s the perfect time to reassess your financial situation. One option that many homeowners consider is debt consolidation—rolling high-interest debts (like credit cards, personal loans, or lines of credit) into a lower-interest mortgage. But is this the right move for you? Let’s explore the benefits and see how […]

Variable Rate Mortgages are the Smarter Choice Right Now

When it’s time to renew your mortgage, the fixed vs. variable rate decision looms large. With interest rates currently declining and further cuts predicted, choosing the right path can significantly impact your finances. Right now, a variable-rate mortgage often emerges as the smarter choice. Let’s explore why. Understanding Fixed and Variable Rate Mortgages Fixed-Rate Mortgage […]

Unlocking Financial Opportunities with Alternative Lending in Canada

As the Canadian housing market evolves, homeowners increasingly seek alternative lending solutions to meet their diverse financial needs. With traditional banks tightening their lending criteria, accessing funds can become challenging. This blog explores Canada’s top alternative lending options, including private lenders, online lenders, and peer-to-peer platforms. We’ll see the benefits of each option, such as […]