Just watch out for early redemption penalties as you get closer to the end of the four - year period. (rismedia.com)
In the majority of cases, there are no early redemption penalties, so a mortgage can be cleared at any time during the term agreement. (opp.today)
It is the cheapest source of cash allowing you to avoid RRSP redemption penalties or other dipping into loced in savings or stocks which are lower in value than purchased. (canadiancapitalist.com)