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How They Get Paid. The benefit of a fixed mortgage is that you are protected against interest rate fluctuations so your regular payments stay constant over the duration of your term regardless of what.


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Fixed mortgage rates are a historically popular option with 5-year fixed mortgage rates accounting for 60 of all mortgage requests made on Ratehubca in 2021.

. Their commission can be paid by the borrower or lender. You can take. Mortgage brokers and many mortgage lenders charge a fee for their services about 1 of the loan amount.


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