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Fixed vs Variable Rate Mortgage

If you’re shopping for a mortgage, one of the first things you’ll be asked is to choose between fixed or variable rates. It’s a significant decision that will impact your monthly payments and even the total cost of your mortgage over time.

Check out this video by the Canadian Real Estate Association (CREA) explaining the key difference between fixed and variable rate mortgages. 

Are you thinking of buying a home or investment property? Reach out to us for a free consultation on the steps you need to take as a buyer.