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Mortgage Education

If you’re new to mortgages check out this great educational site by the Financial Consumer Agency of Canada.  Among other things, it shows you:

  • The effect of different amortizations
  • The effect of different payment frequencies
  • An overview of credit score factors
  • Tips on paying your mortgage off faster
  • How to calculate penalties

If you want to test your knowledge you can even take a 10 question quiz.