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Newspaper
Chetwynd The Echo
Location
Chetwynd, British Columbia, Canada
Date
Jan 20, 1998
Page
16
Canadians seek peace of mind with mortgage length. Most buyers choose five years for fixed payments, while six month or one year terms offer lower rates but require renewal. Banks also offer variable capped and variable open terms to balance security with flexibility, depending on goals and comfort with rate changes.
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