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When deciding on mortgage rates, its important to know the difference between fixed and variable, this way you know what you are getting into and there are no surprises along the way. As with variable rates, fixed mortgage rates come with their own set of advantages. Unlike its counterpart, fixed mortgage rates, are more reliable tan variable. They provide a constant and consistent rate, so if you don't want to feel the fluctuations of the ever-changing market, then a fixed mortgage rate might be exactly what you’re looking for. A fixed mortgage rate can span anywhere from six months to ten years or more. This stability means you can financially plan your future as the market will not effect the rate you pay. Though they are cheaper, variable mortgage rates are more risky and depending on the state of the market, they can fluctuate and even double in price. By choosing a fixed rate you are ensuring a safe and secure rate. If you’re unsure about what rates too choose, give us a call and one of certified experts will be more than happy to explain help you choose the rate that’s right for you. So give us a call and get the best secured rates Toronto has to offer.

Certified Mortgage Broker Newmarket can be found at 296 McBride Crescent . The following is offered: Mortgage Bankers & Correspondents - In Newmarket there are 2 other Mortgage Bankers & Correspondents. An overview can be found here.

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