The term fixed-rate mortgage refers to a home loan that has a fixed interest rate for the entire term of the loan. In other words, the mortgage carries a constant interest rate for the entire loan ...
Learn more about our advertising and trusted partners. 5-year fixed rates in more detail Five-year fixed-rate mortgages are generally the most popular type of mortgage in Canada. However ...
bluebay2014 / Getty Images The fixed and variable rate allowance (FAVR), or fixed and variable rate reimbursement, reimburses employees who use their own or leased vehicles for work-related ...