Mortgage Best Rate

Posts Tagged ‘mortgages Alberta’

There’s a lot to consider these days. Variable rates look great but what are the pitfalls. Fixed rates are exceptionally low as well. Do I want security or big savings? What are these 2 rates based on? Variable rate is based on the Bank Prime Lending rate which is what financial institutions charge to the consumers. Bank of Canada Lending rate is based on the Central Bank Rate (the amount of interest the Bank of Canada charges Read the rest of this entry »