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What Closing Costs Do I Have to Pay on My Mortgage?
26 May 2009
Home Inspection Prior to making an offer to purchase a property, a buyer with have a certified building inspector examine the house. The cost of this home inspection is borne by the buyer. Appraisal Fee An appraisal is a market-based assessment of the value of a home, to determine a selling price or qualification for a refinance. [...]
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Definition: Fixed Rate Mortgage
26 May 2009
A fixed rate mortgage (FRM) is a mortgage loan where the interest rate and payments remain the same through the term of the loan.
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The 9-Step Plan for Getting the Right Mortgage
26 May 2009
Canadians have a lot to consider when looking for the right mortgage: interest rates, fixed versus variable, legal expenses and repayment. There’s no shortage of things to confuse the infrequent mortgage buyer (which, is most of us). So, before getting too far down the path, here are a few key tips to keep in mind [...]
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