this post was submitted on 24 Aug 2024
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[โ€“] howrar@lemmy.ca 0 points 3 months ago (1 children)

I think it's typical to get a 5 year contract and having to renegotiate a new mortgage at the end of said contract. At least, it is here in Canada. Rate goes up, monthly payment goes up.

[โ€“] SynopsisTantilize@lemm.ee 0 points 3 months ago

Do you have 10, 15, and 30 year loans up there?