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Compare mortgages | Compare the Market – For fixed rate mortgages, the rate is set at an agreed amount, for a set period of time and only changes at the end of the initial agreement. Fixed rate mortgages: fixed rate: With this type of mortgage, the interest on your mortgage is fixed at a set interest rate for an agreed period of time, varying from 1-10 years.
Report: Close to 40% of Canadians don’t know bank mortgage rates are negotiable – This according to LowestRates.ca, an online comparison site for personal finance products like insurance, mortgages, loans and credit cards, which today released survey findings examining Canadian.
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