Fall House Hunt: Four reasons to consider a 20-year mortgage

The second most common fixed-rate loan term is 15 years, but many lenders also offer loan terms of 10 or 20 years.

Fall House Hunt: Four reasons to consider a 20-year mortgage

The 30-year fixed-rate home mortgage dominates the housing market, particularly for first-time buyers who appreciate the ability to extend their home loan payments for the longest possible term.

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How Do Canadian Mortgage Rates Compare To The Rest Of The World?

With lower monthly costs, more people can afford to buy, and that’s probably the main reason home sales soared 24 per cent in Toronto and Vancouver in July.

How Do Canadian Mortgage Rates Compare To The Rest Of The World?

With fixed-rate mortgages going for as little as 2.39 per cent in Canada these days, you would think it couldn’t get any cheaper to borrow. But you’d be wrong.

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Canadian Mortgage Rates Are Their Lowest In 2 Years. Here’s Where They’re Headed Next

Keep this in mind!

Canadian Mortgage Rates Are Their Lowest In 2 Years. Here’s Where They’re Headed Next

Rates for the most popular type of mortgage in Canada have sunken to the lowest level in about two years, and they could be heading further south before 2019’s end, suggests RateHub.ca co-founder James Laird.

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