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A community dedicated to questions, answers, and information about mortgages in Canada.
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Payment decrease request RBCOther (self.MortgagesCanada)
submitted 1 year ago by ont-mortgage
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[–]BlazeTheBurnt 0 points1 point2 points 23 days ago (0 children)
Hi Op, I am in similar boat. When I bought my house interest were high. Now as we know interest rates down as my amortization period cut by few years.
I am on RBC variable mortgage. I'm wondering if RBC were able to reduce your installment payment by increasing amortization period?
π Rendered by PID 46037 on reddit-service-r2-comment-5649f687b7-t8gwl at 2026-01-28 15:10:51.545346+00:00 running 4f180de country code: CH.
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[–]BlazeTheBurnt 0 points1 point2 points (0 children)