Fixed or Variable – Oh, wait, what are open and closed terms?
With fixed mortgage rates, the monthly payments stay the same over the full term of the mortgage.
Please read this before you go shopping for a home.
Homeownership is highly valued in Canada, seen as not only a source of security and pride, but also a means of wealth accumulation for families.
Factors to consider when refinancing a mortgage
with a consolidated loan, more of your money will go with the principal rate and less towards interest rates so that you can be free from debt sooner.