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  1. B

    Move to new rate or not

    Chris, thanks. I'll leave things as is.
  2. B

    Move to new rate or not

    Thanks. You have confirmed what I thought was the case - probably not worth it and hard to say. I'll leave the mortgage as is. I mentioned the "clock" resetting. Is this so? That is, there may be a fee of, say, $5500 for breaking the current mortgage in in mid-2015 as the mortgage has 17...
  3. B

    Move to new rate or not

    In early-2007 I took out a $250 000 mortgage, IO, 25 years, AMP. It was fixed and I refixed, expiring early 2016, at 5.99%. Not good compared to current rates. A year ago I enquired about paying off the mortgage early. I was advised that the early repayment interest would be over $6000. My...
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