Fixed or float? Combination mortgages increasing in popularity: RBC poll
TORONTO, Ontario, May 17, 2010 — The popularity of combination mortgages – which offer both fixed and floating rate segments – is on the rise, according to RBC’s 17th Annual Homeowners Survey. In fact, 40 per cent of Canadians who are likely to purchase a home within the next two years plan to take out a combination mortgage, compared to 32 per cent in 2009.
The surging popularity of …
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