Desjardins's prime rate is 4.70%. The prime rate underpins variable-rate mortgage products. When the Bank of Canada adjusts its overnight rate, Desjardins's prime rate increases or decreases by the ...
Realtor.com on MSN
Adjustable-rate mortgages on the rise: Why the riskier loan is enticing homebuyers more than ever
An ARM might help you snag a lower introductory mortgage rate, but what happens to your rate when the introductory period expires?
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