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Know the true cost before making a move—see how much you could save.‌
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Hi there,


With the Bank of Canada's upcoming interest rate announcement on March 12, you may be evaluating your mortgage options. Whether rates decrease or remain steady, comparing potential savings with penalties from breaking your mortgage can save you thousands.


In this article, "What Are the Penalties for Breaking a Mortgage Contract?", we break down what affects mortgage penalties and how to weigh the costs and savings of refinancing or switching lenders.


Curious about your potential savings? I'll help you crunch the numbers, let’s chat!



Talk soon,

David Pipe

Check out our featured article:

Don't let mortgage penalties catch you off guard – click here to learn how to reduce them.

Check out our featured video:

Stay ahead of the game – see what the rate change means for you.

Additional articles:

The Benefits of Refinancing Your Mortgage in Ontario

Term vs Whole Life Insurance in Ontario

Managing Inflation: Guide to Protecting Your Finances

Important upcoming dates:


Personal Income Tax Deadlines in 2025:

  • Income tax return filing for individuals: April 30

  • Income tax return filing for self-employed individuals: June 15


Upcoming Bank of Canada Interest Rate Announcements: 

  • March 12, 2025

  • April 16, 2025

  • June 4, 2025


Canada Child Benefit (CCB) Payments:

  • March 20, 2025

  • April 17, 2025

  • May 20, 2025


Want to learn more? Lets talk

David Pipe is a Mortgage Agent of TMG - The Mortgage Group, FSRA  #10315

Validate my license: Mortgage Agent | Life Insurance

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