conditions may apply, but if you want a low
rate and your payments to remain
the same for the
full term, take out a
Closed Variable Rate Mortgage.
The interest rate is set on the first day of each
when interest rates fall, more of your set monthly
payment goes toward paying off your mortgage
To benefit from this the interest rate has to fall,
so ask your Lender if you can convert the term
of your new mortgage for the length of the term
remaining on your current mortgage
if interest rates begin to rise.
Mortgage Professional, Mortgage Broker or
Bank Specialist in your area can
usually provide you with
a Bank or reputable Lender who has a
great combination of Rates and Terms.
CAN USUALLY BE
PROVIDED IN MOST LANGUAGES OF YOUR CHOICE Interest rates are subject to change without notice. THIS IS A FREE SITE - No warrants or representations are expressed
or implied herein. e.&o.e.