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Blog by Linda M Linfoot

Collateral Mortgages

February 2nd, 2015
Beware of the Downside of Bank Collateral Mortgages When you shop around for your mortgage, what comes to mind in the preferred features most Canadians desire? Best interest rates, flexible repayment terms, and low payments are at the top of the pile. However the mortgage market has changed dramatically over the last few years with the introduction of the banks using the collateral charge mor ...