4 year fixed mortgage rates canada

RateGuru is rated amongst the best-fixed mortgage rates providers in Canada with an experienced team of licensed mortgage professionals. We have the right expertise and knowledge to help Canadian homeowners make profitable borrowing decisions through mortgage rates that are relatively lower. Our debt consolidation strategies will save you a considerable amount of money and provide you the flexibility to choose a new mortgage type on more beneficial terms.

If you are considering purchasing a new home or remortgage an existing one and are looking at 4 year fixed mortgage rates in Canada, then you must not mistake it with your amortization period or the length of time to pay off the entire mortgage. RateGuru assures you a streamlined mortgaging process with a clear understanding of each type of mortgage along with the risks and rewards associated with them. Though a four-year term is not quite popular with Canadian home buyers but it does save a considerable amount of money due to lower rates. If you are looking at getting some advice on short term mortgaging and lucrative deals then reach out to us for free counseling.

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Mortgage amount ($):*
Interest rate (%):*
Payment amount:
Mortgage amortization (Years):*
Payment type:*
Start Date for mortgage:
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Mortgage payment:
*Calculation does not include mortgage insurance premium. Mortgage insurance premium will depend on your credit profile and the down payment amount. Assume an extra $20 per payment on average, over the amortization period of the mortgage.

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First Mortgage
First time mortgage doesn’t mean only the first home home that you buy. It can also mean the primary lien on the property you are planning to buy. It’s not about the level of home buying but the property itself. The term mortgage is a security for the lender.