Choose a home loan »
By Michael on Oct 29, 2007 in Loan and taxes | 0 Comments
The fact that there are really only two types of mortgages anyway helps keep things in perspective.
1. A fixed rate mortgage is just that. You enter into a contract to borrow a specific sum for a specific time at a specific, fixed interest rate. Like many other contracts, they cost money to break.
2. Variable [...]
