Find the best Whitehorse mortgage rates. Online Whitehorse brokers like Breezeful are your best source for the most competitive rates. We can answer your questions and provide you with an overview of the rates and options offered by lenders and banks in Whitehorse, Yukon and across Canada.
Whitehorse, Yukon is the perfect place to call home. 25,085 people currently live in single family homes, condos and townhouses in this lively Canadian city, and an increasing number are relying on local mortgage brokers to discover the best rates and lenders for their home-buying needs. Real estate is spread across 416 square kilometers, alongside many popular arts, culture and recreation facilities.
Types of Mortgage Rates
There are generally two types of mortgage rates in Whitehorse, Yukon to consider when purchasing a home: Fixed and Variable
- Fixed Rate: A fixed rate mortgage prevents your interest rate from changing during its term. The payments remain consistent until the term ends and if there is remaining time on the amortization period.
- Variable or Adjustable Rate: An adjustable/variable rate fluctuates throughout the length of the term with the bank's prime lending rate. If interest rates change, the payment amount stays the same but the borrower pays more or less of the principal balance owing.
More about Yukon Rates and Mortgages
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