Fixed-term mortgages protect the buyer from fluctuating interest rates. Fixed term mortgages are preferred among many Canadians because of the consistent payment and interest rates. If you are getting an interest rate and payment that is good, you may consider a longer mortgage term. Certain lenders may offer more flexible terms and down payment options for fixed-rate mortgages.
Universal Mortgages Brokerage No. : 10039
License number : #M08000913