Originally Posted by
IanGTCS
Every mortgage I've had they start talking about renewal a solid 6 months ahead of time with letters, email reminders and phone calls. The consequences of not renewing in terms of rates were spelled out in the fine print no one reads. The only bullshit is that you are blaming the bank for your own fuck up, but then you seem to do a lot of blaming others. Enjoy the penalty on getting out of that 5 year fixed.
I get it, life comes up. But if my wife and I can manage to sell our old house, arrange a mortgage, get all utilities transferred etc while she was in the hospital on bed rest for 7 weeks after her water broke at 21 weeks, then have a 1300g baby 2 days before moving and not miss anything you can re up for a mortgage that can easily be planned for well in advance.
Yep, March and April were a heck of a time for my family.