Craig Finnman
RE/MAX Advantage
116, 150 Chippewa Road, Sherwood Park, Alberta
P: 780-464-4100
F: 780-467-2897
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RE/MAX Advantage
116, 150 Chippewa Road, Sherwood Park, Alberta
P: 780-464-4100
F: 780-467-2897
The Variable interest rate mortgage has the potential to save you thousands of dollars over the term of your mortgage.
The interest rate on this mortgage is hinged to the Prime Lending rate of Canada. If the Prime Rate goes down, so does the interest rate of your mortgage. Lower interest rates mean lower cost of borrowing for you, which could save you money.
You have the option of locking this product into a fixed interest rate at any time. This protects you if interests rates are rising.
