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Robert McLister·
General
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Breaking a Mortgage

Breaking a mortgage is the act of terminating a mortgage early, before maturity.

Breaking a mortgage typically results in a mortgage penalty when the mortgage being broken is a “closed” mortgage.

Robert McLister
Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.