5 Year Fixed Mortgage Rates Ontario
Contents 5-year fixed mortgage rate Mortgage calculator capital Fixed rate mortgage offers Mortgage bankers closed When the mortgage rate is ‘fixed’ it means that the rate (%) is set for the duration of the term, whereas with a variable mortgage rate, the rate fluctuates with the market interest rate, known as the ‘prime rate’. So, for example, if the 5-year fixed mortgage rate is 4%, then you will pay 4% interest throughout the term of the mortgage. Compare today's 30 year fixed mortgage rates from top mortgage lenders. Find out…
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