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Another reason to consider a mortgagehowever, a penalty.
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Fixed and Variable Mortgage Rates - Mortgage Math #4 with insuranceblogger.orgCheck the latest fixed and variable mortgage rates for Bank of Montreal as of Nov % 5-Year Fixed. Other rates as low as %. With a variable rate, your interest rate will change periodically. � Your fixed introductory rate will generally last between three and 10 years. Posted Rates for Homeowner ReadiLine Installment Arrangements: The 5-year variable (closed) term is based in part on today's Prime Rate and subject to change.
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