WHETHER YOU ARE LOOKING FOR SHORT TERM OR LONG TERM VARIBLE OR FIXED OPEN OR CLOSED MORTGAGE RATE.

BANKS DO OFFER WAY’S TO SAVE ON MORTGAGES.

FIXED OR VARIBLE INTEREST RATE MORTGAGE’S CAN BE PAID WEEKLY, BI WEEKLY,SEMI MONTHLY AND MONTHLY.

RAPIDE PAYDOWN… MOST BANKS ALLOW YOU TO INCREASE YOUR PAYMENTS.

PREPAYMENT OPTIONS: PAY DOWN A % OF YOUR ORIGINAL MORTGAGE EACH YEAR.

A FIXED MORTGAGE RATE LETS YOU REPAY YOUR MORTGAGE IN SET MONTHLY PAYMENT’S, YOUR PAYMENT REMAINS THE SAME OVER THE COURSE OF YOUR TERM, SO YOU CAN BUDGET. EVEN IF RATE’S GO UP YOUR RATE WILL REMAIN THE SAME FOR THE TERM YOU HAVE SELECTED.

A VARIBLE MORTGAGE RATE WHILE THE INTEREST RATE MAY CHANGE DEPENDING ON  BANK OF CANADA’S PRIME RATE YOUR MONTHLY PAYMENT WILL REMAIN THE SAME FOR YOUR SELECTED TERM.

THE AMOUNT PAID TO THE PRINCIPAL VERSUS INTEREST! MAY CHANGE WITH FLUCTUATIONS IN THE PRIME RATE, PLUS YOUR AMORTIZATION PERIOD MAY VARY AND BE LONGER IF RATES HAVE RISEN OR SHORTER IF RATES HAVE FALLEN, SINCE THE START OF THE TERM. CLICK HERE