This video explains why now may be the best time for Canadian homeowners with fixed-rate mortgages to consider breaking their mortgage—even if it means paying a penalty. With recent rate cuts by the Bank of Canada and competitive new fixed rates as low as 3.99%, refinancing could save thousands over the long term. The host walks viewers through a two-step process: first, call your current lender to find out your mortgage break penalty; second, consult an independent mortgage broker for better rates. The timing is critical, as future drops in posted rates could increase penalties and reduce savings.