Mortgages us vs canada

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Key Takeaways The U.

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Canada vs. US Mortgages
Many U.S. banks charge up to six fees on U.S. mortgages. We don't, which could save you thousands in total closing costs. In many cases, U.S. mortgage interest rates are lower compared to Canadian rates, offering the potential for reduced borrowing costs over the. �U.S. mortgages are compounded monthly versus semi-annually in Canada,� says Forget. �They may also be tax deductible in the U.S. for U.S. citizens and.