Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

USA Affecting Canadian’s Choice of Fixed Versus Variable Mortgage ...

This is a discussion on USA Affecting Canadian’s Choice of Fixed Versus Variable Mortgage ... within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; If the prime rate moves up while you’re in a variable rate mortgage , you have the flexibility, in almost ...


Google Ads
Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 09-22-2008, 05:02 PM
Administrator
 
Join Date: Oct 2007
Posts: 44,600
Your Earnings US $: 186,845.45
How To Earn By Posting?
Default USA Affecting Canadian’s Choice of Fixed Versus Variable Mortgage ...

If the prime rate moves up while you’re in a variable rate mortgage, you have the flexibility, in almost all cases, to lock into a fixed term. Rates aside, there are other variable-rate mortgage features to consider, ...

More...

(Source: Google Blog Search)
Reply With Quote

Tags
affecting, canadian’s, choice, fixed, mortgage, usa, variable, versus


Similar Threads
Thread Thread Starter Forum Replies Last Post
What Affects Variable and Fixed Canadian Mortgage Rates? Administrator Mortgage Know-How 0 10-08-2008 01:33 PM
Canadian Mortgage Strategy Choosing Between Fixed or Variable ... Administrator Mortgage Know-How 0 09-15-2008 08:55 PM
Fixed Or Variable Rate Mortgage????? Administrator Mortgage Know-How 0 08-25-2008 02:18 PM
Choose Variable Or Fixed Rate Mortgage? Administrator Mortgage Know-How 0 02-08-2008 08:24 PM
US Mortgage Crisis not affecting Online Canadian Brokerage Administrator Mortgage Know-How 0 10-10-2007 12:14 PM


Bookmark this thread
Share |

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Discussion USA Affecting Canadian’s Choice of Fixed Versus Variable Mortgage ... in printable format

All times are GMT. The time now is 01:45 AM.


Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive