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The difference between Canadian and US Mortgages

By
Real Estate Agent with Re/Max Realty Specialists

Canadian Mortgages are compounded semi-annually while US Mortgages are compounded monthly. A rate of 5.3% advertised will be higher on the US side.

 

Joey Khan, GREATER TORONTA AREA (GTA) REALTOR®

 Specializing in Residential and Investment Real Estate
Re/Max Realty Specialists Inc., Brokerage
Office: (905)-858-3434 ext. 1186
Direct: (416) 918-2912
or visit: http://www.toronto-homes-guide.com/

Or Toll Free 1-800-263-3434