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Old 11.11.2020, 16:26
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Re: Should I buy a home or invest? I just reached 200k in savings and they are sittin

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You’re over-thinking this again.

I have had the same mortgage here for nearly 20 years over 2 successive properties. There is no re-negotiation or recalculation. They simply tell what interest rate they can offer for the next 1/5/10 years. You can accept the rate or pay it back and find another mortgager...
Mine also - in fact I considered increasing the mortgage a little to pay for some renovation, and found out it would have to go through a review process.

Without any changes there was nothing to do - got a link to choose my offer (length of fix), result was lower than my current rate and lower than anything else advertised, signed the one page extension document they sent, job done.
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