Helping Burlington Navigate 2025 Mortgage Renewals
BURLINGTON, ON / ACCESS Newswire / April 15, 2025 / As a significant number of Canadian homeowners prepare for mortgage renewals in 2025, many are bracing for increased monthly payments due to past low-interest rates. Recognizing the potential financial impact on Burlington residents, Jason Woods - TLC Mortgage Group is committed to providing expert guidance and customized mortgage solutions to help homeowners make informed decisions.
A recent survey by Royal LePage revealed that 57% of Canadians with mortgages renewing this year expect their payments to rise, with 22% anticipating substantial increases. Notably, 85% of these mortgages were secured at historically low interest rates during the pandemic.
Jason Woods, a trusted mortgage broker in Burlington, emphasizes the importance of proactive planning:
"Many homeowners locked in their mortgage rates when they were at record lows. As renewal dates approach, it's crucial to explore options that can reduce financial strain. At TLC Mortgage Group, we help clients secure the most competitive rates and find solutions that align with their long-term goals."
Market Trends and How Homeowners Can Prepare
The Burlington housing market has seen steady shifts. Between 2023 and 2024, the average residential sale price increased by 2.7%, reaching $1,132,823. However, home sales declined by 3% during the same period. Experts predict that 2025 will favor buyers, with property prices expected to rise by 4.5% and sales volume increasing by 6%.
In response to these market conditions, Jason Woods - TLC Mortgage Group offers a range of mortgage solutions, including:
Mortgage Renewal Strategies - Exploring refinancing options to secure the lowest rates.
Debt Consolidation - Rolling high-interest debts into a single, manageable mortgage.
Home Equity Line of Credit (HELOC) - Unlocking home equity for financial flexibility.
Credit Repair Consultation - Helping clients improve their credit score for better mortgage terms.
Expert Mortgage Solutions for Burlington Residents
With over a decade of experience, Jason Woods - TLC Mortgage Group has built a reputation for providing personalized mortgage services tailored to each homeowner's financial situation. As a member of Dominion Lending Centres - TLC Mortgage Group, Jason Woods works with over 50 of Canada's top lending institutions to ensure clients receive the best mortgage rates and solutions available.
Homeowners in Burlington looking to navigate their mortgage renewal can apply online through the secure mortgage application portal or schedule a free consultation.
About Jason Woods - TLC Mortgage Group
Jason Woods - TLC Mortgage Group is a leading mortgage brokerage in Burlington, ON, specializing in mortgage renewals, refinancing, first-time homebuyer mortgages, and debt consolidation solutions. With a commitment to exceptional service and financial expertise, Jason Woods and his team ensure clients receive the best mortgage options tailored to their needs.
For more information or to schedule a consultation, visit Jason Woods - TLC Mortgage Group or contact Jason Woods directly.
Media Contact:
Name: Jason Woods - TLC Mortgage Group
Email: jason@jason-woods.com
Phone: +1 (289) 925-9599
SOURCE: Jason Woods - TLC Mortgage Group
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