Our glossary has some 400 terms commonly (and not so commonly) used words and terms in the industry.
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Mortgage Tools Glossary
A description of terms and details of parameters used
with the Canada Mortgage calculators.
Interest Rates
The calculator defaults to the current
3 year term interest rate when calculating mortgage
payments.
Most financial institutions assume this rate for underwriting
purposes. Rates are based on a survey
of those published by mortgage lending financial institutions
in Canada.
Input your own rate and recalculate the financing.
Contact CANADA MORTGAGElink
to determine your best interest rate.
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