Canadian Rollover Mortgage

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Definition: Canadian Rollover Mortgage

Canadian Rollover Mortgage
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Full Definition of Canadian Rollover Mortgage

A type of rollover mortgage in which the interest rate on the loan is renegotiated every five years. This is the standard type of home financing loan that is offered in Canada.

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Page URL
https://payrollheaven.com/define/canadian-rollover-mortgage/
Modern Language Association (MLA):
Canadian Rollover Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/canadian-rollover-mortgage/.
Chicago Manual of Style (CMS):
Canadian Rollover Mortgage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/canadian-rollover-mortgage/ (accessed: April 19, 2024).
American Psychological Association (APA):
Canadian Rollover Mortgage. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/canadian-rollover-mortgage/

Definition Sources

Definitions for Canadian Rollover Mortgage are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 14th November, 2021 | 0 Views.