Rising Interest Rates and Mortgage Loan Term Negotiations

  From the Sept 12, 2017 Broadcast of Call of the Land
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 In view of rising interest rates, an issue that may come up during mortgage loan term negotiations is whether to lock into a fixed long-term mortgage rate or stay in a variable rate. Rick Dehod, farm financial specialist with Alberta Agriculture and Forestry, says determining if and how soon to act when rates do start to rise will be based on several factors.

Interview with Rick Dehod (3:38 minutes) (1.66 Mb)

For more information, check out A Farmer’s Guide to Agricultural Credit, which can be found at www.agriculture.alberta.ca/farm-manager. You can also call the Ag-Info Centre at 310-FARM, 310-3276.

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For further information, contact Caitlynn Reesor at 780-422-3981 or Ken Blackley at 780-422-3951. Click here to view the latest Call of the Land.

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For more information about the content of this document, contact Rick Dehod.
This document is maintained by Stephanie Irvine.
This information published to the web on September 12, 2017.