Kanetix Forum

What kind of mortgage is better for a first time buyer to get?

Although a mortgage broker cannot outright tell you what mortgage is best for you, they can advise you based on your needs as a first time home buyer, on both fixed or variable mortgages and help you decide on the right one for you.

Click the following link for the differences between fixed rate and variable rate mortgages:

What are the differences between fixed rate and variable rate mortgages?>

Paul Sidhu, Principal Mortgage Broker at KTX Financial Ltd.

Neither Kanetix® nor the KanetixForum.ca is a mortgage broker or agent. Although this information has been passed along to you from KTX Financial through the Forum, we are not responsible for the opinions expressed by them. Mortgages can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your lender, geographic location, and specific circumstances. If you have a similar situation, always speak with your mortgage provider, or a licensed mortgage representative, for terms and conditions that may apply to you.