Sentences with phrase «kind of variable rate mortgage»
A standard with any kind of variable rate mortgage is that they are all affected by the prime rate and usually last for a five - year term.
http://www.syndicatemortgages.com/ Not exact matches
Even though the idea of a variable rate mortgage is not a new thought in Canada, there are more kinds now than ever before that you should familiarize yourself with.
With more options of variable rate mortgages to choose from comes the importance of research to discover which kind will work best for you.
TD Bank (TSX: TD) was the first out of the gate to announce a reduction in its prime rate — which is used to determine variable - rate mortgages, home equity lines of credit and other kinds of variable - rate borrowing.
The fund may invest in fixed -, variable - or floating - rate bonds of any kind, including, government and agency bonds, corporate bonds, commercial and residential mortgage - backed securities, collateralized mortgage obligations, asset - backed securities, hybrid securities, and preferred securities.