Michael Whaley
Many Canadians who bought homes during the low-interest-rate period of COVID-19 are now facing “The Great Renewal.” With mortgage rates doubling or even tripling, this shift is putting significant pressure on household budgets.
One strategy to consider is Manulife One—a revolutionary all-in-one banking solution that combines your mortgage, savings, and income into a single account. With its flexible features, including a line of credit and daily interest calculation, Manulife One empowers you to simplify your finances, save on interest costs, and achieve your financial goals faster. Experience the freedom to manage your money in one place and take control of your financial future.
For a deeper dive into this topic, check out the latest episode of Manulife’s Solutions to Go podcast:
“Host Peter Ward welcomes David Frazer from Manulife Bank to discuss the challenges homeowners face with mortgage renewals in a higher interest rate environment. Discover the various options available that can help ease the impact on household budgets. Tune in for expert advice and practical solutions.”
If your mortgage is up for renewal and you want to explore options that could help you navigate these changes, let’s connect. I’d be happy to discuss if Manulife One can work for your unique situation.
