Prepayment of a Locked in Mortgage #38

Legally Speaking

By Gerry NeelyB.A. LL.B. The contrast between today’s relatively low rates of interest and the high rates found in mortgages which were renewed in 1982 has led the mortgagor with a closed renewal mortgage to try to find ways in which the mortgage can be paid off before maturity. These ways have included protests to

Prepayment of a Locked in Mortgage #38

Legally Speaking

By Gerry NeelyB.A. LL.B. The contrast between today’s relatively low rates of interest and the high rates found in mortgages which were renewed in 1982 has led the mortgagor with a closed renewal mortgage to try to find ways in which the mortgage can be paid off before maturity. These ways have included protests to



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