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Canadian rollover mortgage
Definition
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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Nearby Terms
- Canadian Income Trust
- Canadian Institute of Actuaries (CIA)
- Canadian Investor Protection Fund (CIPF)
- Canadian Originated Preferred Securities (COPrS)
- Canadian overnight money market rate
- Canadian rollover mortgage
- Canadian Royalty Trust (CANROY)
- Canadian Securities Administrators (CSA)
- canary call
- Canary Island
- cancel
