Open Mortgages or Closed Mortgages?
Every Canadian is different, so we all have different needs when it comes to buying a home. As a result, mortgages come in lots of different shapes and sizes: closed, open, variable-rate, fixed-rate, 3-year, 5-year, 10-year… you get the picture. One of the most important decisions you’ll need to make when applying for a mortgage…
