Homeowners in Canada may face challenges over the upcoming year when renewing their mortgages in 2025, particularly with higher interest rates on fixed mortgages than when they purchased. With this forecast in mind, homeowners need to be thinking about how to maintain the greatest equity in their home and ease the potential stress of these mortgage renewals.
A few factors to consider:
If your mortgage is coming up for renewal in 2025, ComFree is here to help, offering a service with zero commissions for buyers and sellers alike, while providing maximum exposure and a competitive home pricing advantage.
If you are looking to sell in the upcoming month, ComFree allows you to save thousands which increases your home buying power AND increases your competitive advantage if the prediction of increased property listings in 2025 rings true. Looking to learn more about the benefits of selling with ComFree? Find out more about how to simplify your home selling journey or explore our immersive Matterport virtual tours.
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* Only when the buyer comes direct, otherwise the seller may choose to negotiate a commission with the buyer’s agent.