Monthly Mortgage Rate Update - June 2024: Key Insights for Renewals and Purchases | Finance Fridays

Welcome back to another episode of our Finance Fridays! This week, we're tackling what mortgage rates look like for the month of June heading into July. There have been some changes in those rates over the past few months.
We'll take a look at where rates have been, where they are right now, and explore the options Canadians have when it comes to purchasing, refinancing, and mortgage renewals. We'll look at the most common mortgage rates for 3 and 5-year options and variable rate mortgages.
Plus, we'll discuss what you need to know before you renew your mortgage. We'll unpack the differences between insured and uninsurable mortgages and what Canadians should be prepared for when renewing or purchasing a home in this current market.
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[@Ride-an-animal]

Great video!

[@renatovenuto296]

👌