Shopping for a mortgage can be overwhelming, so Kanetix is here to help shoppers understand mortgage terminology before they make this long term commitment. The Kanetix article covers such terms such as amortization, closed mortgage, convertible mortgage, fixed rate mortgage, high ratio mortgage, mortgage term, open mortgage, second mortgage, variable rate mortgage, and more.
Whether customers are looking to purchase a first home, upgrade to a larger home, downsize or relocate, they will likely come across the many terms listed in the article, and Kanetix's, "Deciphering mortgage language; what's it all mean?" hopes to make the mortgage shopping experience a little bit easier.
About Kanetix
Launched in October 1999, Kanetix is Canada's leading national, online insurance, mortgage and credit card marketplace. The Kanetix comparison shopping service brings together insurance, mortgage and credit card providers in a one-stop shopping environment for consumers looking to save money. Each day, thousands of consumers visit the Kanetix website at www.kanetix.ca to compare not only insurance and mortgage quotes but also credit cards from a variety of Canadian financial product suppliers. Users select the product of their choice, obtain a quotation and complete an online application or, with the help of Kanetix, connect with the provider to purchase or apply for the product over the phone.
Our articles and content cannot be reproduced or republished in any form whatsoever without prior written consent from Kanetix Ltd. Publication of our content is encouraged through our free: Content Publisher Programs. You are free to use our RSS feeds as long as the included links to our site remain active and the content is unaltered in any way. Click here to select the RSS feed(s) you wish to use.
Is an investment property in your future?
With interest rates as low as they are, for as long as they have been, many Canadians who once mulled over the idea of buying an investment property are now seriously considering taking the plunge.
Refinancing: Does it make sense?
If you are thinking about refinancing your mortgage you are not alone, but does it make sense for you?
Looking to buy a house? A primer.
Whether you are buying your first house, or have simply decided it is time to move, buying a home typically requires that you get a mortgage loan. A mortgage loan is not uncommon as few people have the means to purchase a home on their own, without the aid of a lender.
to view saved quotes
More
Print
