Tag: mortgage rate
While rising home prices are good news for sellers and buyers seeking a sound investment, they can also make it that much harder for some Canadians to enter into homeownership.
According to a survey of 300 Canadian mortgage holders by The Globe and Mail, 82 percent of respondents said they were able to obtain better mortgage rates by negotiating.
Here in Canada, one popular option for home loans is the variable-rate mortgage, while lenders in the United States offer adjustable-rate mortgages. They sound pretty similar, don’t they?