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Terms can range from a few months to 5 years ... Clay Jarvis is NerdWallet Canada's mortgage expert and spokesperson. He has been writing about the Canadian real estate and mortgage markets ...
The term Canada Mortgage and Housing Corporation (CMHC) refers to a Canadian Crown Corporation that serves as the national housing agency of Canada. The goal of the agency is to make mortgage ...
A readvanceable mortgage may be used to make mortgage interest tax-deductible in Canada via the so-called Smith Maneuver. Understanding Readvanceable Mortgages In a traditional mortgage ...
Your mortgage rate and payment are not affected by changes to the Bank of Canada’s (BoC) overnight rate. However, if you have a variable-rate mortgage, your mortgage payments change in sync with ...
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