Articles tagged with
fixed rate

$60k – what Canadians pay in mortgage interest

By Wayne Karl It’s a scary question many homeowners are afraid to answer: how much will your mortgage interest total over the lifetime of your mortgage? Well, wonder no more – a recent poll from BMO Bank of Montreal has the answer: $60,000. But that’s the average for Canada. Some will pay more, some less. While the average amount Canadians...[ read more ]