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Thanks everyone for the advice. I think it might be best to put my current savings in a GIC (5%) for 3 years, and possibly change the mortgage to a biweekly payment. Then once the GIC finishes, I’ll have a better idea of the future renewal/interest landscape, and pay off a small chunk if...

Yeah and what did the property and monthly payments cost in comparison to today's prices - RELATIVE to salaries in 1979. :facepalm:

I'd really appreciate some advice if someone has a couple of minutes to advise. Most likely a very noob question: I'm 1.5 years into a 5 year fixed rate (1.9%) mortgage. I put 10% down on a $315,000 property and my monthly payments are very affordable (thanks to the very low rate). Of course...