With a variable Rate Mortgage, the interest rate changes depending on the prime rates. If the rates increase, then you as a borrower, can always switch to a fixed rate mortgage at no charge.
If the rates decrease, then, more of the payments you make will go to the principal and thus the duration to repay the loan amount may be reduced significantly.
Credit card and loan debt with high-interest rates make managing your finances difficult. However, you may use your home's equity as a homeowner. Merge your debts into a debt consolidation...
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First Time Home Buyers in Ontario and anyone New to Canada has a goal of one day of buying a home, but most of them are not sure how to make...
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If you are thinking about buying a home, one of the first things that you will need to do is get pre-approved for a mortgage. You could just call your...
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