It’s worthwhile taking a look at your mortgage each year

Mortgages are often overlooked after signing, yet they represent a significant investment. Canadians should consider an annual mortgage check-up to assess their financial fitness, especially as life circumstances change. Regular reviews can reveal whether your current mortgage still meets your needs and can help you utilize it for various financial goals, such as building wealth or consolidating debt. Adapting your mortgage strategy over time is crucial for achieving financial independence and retirement readiness.

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