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A commercial mortgage that gives you greater flexibility. Choose a variable or fixed rate loan. Fixed interest rates available from 1-10 years. Compare current Canadian mortgage rates with other mortgage lenders using our mortgage rate comparison charts.
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It actually depends on the tolerance you have for interest amount risk and also the financial profile. The fixed ones offer maximum security as your payments tend to stay unchanged for the span of your mortgage term, however, variable rates alter with the market conditions, and therefore, your mortgage expenses can be upwards or may go down, subject to interest provided during that time.
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