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2. The lowest 5-year variable-rate mortgage in Canadian ... - AOL

   www.aol.com/news/the-lowest-variable-rate...

   Ratehub.ca says the best 5-year variable rate on its site dropped to 0.98 per cent.

3. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [1] The loan may be offered at the lender's standard variable rate/base rate. There may be a direct ...

4. Nesto (company) - Wikipedia

   en.wikipedia.org/wiki/Nesto_(company)

   In June 2022, nesto introduced a 150-day rate hold, allowing customers to lock in a rate as protection against potential future increases and encouraging them to move their existing mortgages to nesto. The company noted rising renewal and new-mortgage numbers. [18] Their 150-day rate hold is the longest in Canada. [22]

5. Floating interest rate - Wikipedia

   en.wikipedia.org/wiki/Floating_interest_rate

   For example, in Canada substantially all mortgages are floating rate mortgages; borrowers may choose to "fix" the interest rate for any period between six months and ten years, although the actual term of the loan may be 25 years or more. Floating rate loans are sometimes referred to as bullet loans, although they are distinct concepts. In a ...

6. Mortgage and refinance rates for Feb. 11, 2025: Average rates ...

   www.aol.com/finance/mortgage-and-refinance-rates...

   Mortgage rates are holding steady as of Tuesday, February 11, 2025, pushing the 30-year fixed benchmark under 7.00% ahead of fresh consumer and wholesale inflation data this week.

7. Fixed vs. variable interest rates: How these rate types work ...

   www.aol.com/finance/fixed-vs-variable-interest...

   How variable rate caps work. In many cases, lenders set caps on variable-rate products. This was designed to protect consumer borrowers from the kind of runaway interest the country saw during the ...