Fixed Rate Mortgages Explained: Is a Fixed Rate Mortgage Right for You?
In this video, learn all about a Fixed Rate Mortgage! A fixed mortgage rate in Canada is a type of mortgage in which the interest rate remains the same for the entire term of the loan, typically ranging from six months to 10 years. This means that borrowers can expect their monthly mortgage payments to stay the same over the course of their loan, making it easier to plan and budget for their mortgage payments. Fixed mortgage rates are often preferred by borrowers who want the stability and predictability of knowing what their monthly mortgage payments will be.
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Erin Price Emery is the Co-Founder and Managing Partner for Blue West Realty. After nearly a decade of experience as an agent and a key part of the management team, Erin carries a wealth of business acumen and industry knowledge, specializing in presales, resales, and assignments. Working in collaboration with developers, partners and clients, Erin has played an integral role in building Blue West Realty from the ground up. She has forged reciprocal connections between the brokerage, the region’s most renowned developers and the downtown Presales Gallery. A natural-born leader, Erin brings patience, fine interpersonal skills and an ethic of care to her management approach, serving her well as a trainer, influencer and client care specialist.
This video is for educational purposes only. This is not intended to be legal advice.
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