3 ms·
Fixed rate loans are only 5 year max in Canada, so yes its great for 5 years but after that have to refinance at the new market rate.
by izend 7y ago
Fixed rate loans are only 5 year max in Canada, so yes its great for 5 years but after that have to refinance at the new market rate.
- WillPostForFood 7y agoYes, good point. The standard 30 year fixed loan in the US is not common internationally.