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Terms & Conditions Agreement

By using RateSheet.ca (hereinafter, referred to as ‘Website’) or any of the services or features offered on the Website, you agree to abide by the following clauses and provisions of this Terms & Conditions Agreement (hereinafter, referred to as ‘Agreement’). This Website is owned and managed by RateSheet.ca Inc. (hereinafter, referred to as ‘We’ or ‘Company’ or ‘Us’ or ‘Our’).

This Agreement is a legal document and in case of breach of any, some, or all clauses contained hereunder, We reserve the right to take any action against the infringing user as per the relevant applicable law, including but not restricted to, suspension and possible termination of the user Account without notice.

This Agreement, along with the Disclaimers, Privacy Policy, and any other existing or future Agreement, forms the entire agreement between you and Us as regards the subject matter contained herein, and supersede any prior agreements between you and the Website.

In case any of the provision(s) contained hereunder or under the Disclaimers, Privacy Policy, or in any other applicable legal document is/are unacceptable, your sole remedy is to discontinue the use of this Website.

Modifications and Updates

This Agreement is subject to changes, updates, modifications, additions, deletions, and revisions at any time without any notice to anyone. However, any substantial changes or modifications to this Agreement will be notified to the registered users. All the changes and updates will be effective from the time they are posted on this page. We recommend that the users should periodically check this page for latest updates and modifications to this Agreement. The continued usage of this Website after the changes signifies the implied acceptance of the users to such amended Agreement.

Last Updated on: December 8, 2010.

Privacy

We accord priority to protecting and upholding the online privacy of the users of this Website. For this purpose, We have devised a separate Privacy Policy, which forms part of the legal arrangement between you and the Website. Therefore, We advise you to go through and agree to Our Privacy Policy by visiting this link.

Eligibility

This Website is meant for use only by the Canadian users who are eligible to enter into a valid contract under the applicable law. Minors are, therefore, not allowed to become members of this Website. We reserve the right to accept or reject the application of the users desirous of becoming members of this Website. It shall be the sole liability of the users to determine whether their use of the Website is lawful, and it shall be incumbent upon the users to comply with all the applicable local laws.

If this Agreement or the permission to use this Website is terminated by you or the Company for any reason whatsoever, this Agreement will nevertheless continue to apply and be binding upon you in respect of your prior use of the Website and anything connected with, relating to or arising from such use.

The Disclaimers, Limitation of Liability, and Indemnity provisions in this Agreement shall survive any termination of this Agreement

Modifications to Service

We reserve the right to modify or discontinue, temporarily or permanently, RateSheet.ca (or any part thereof) with or without notice, at any time, and from time to time. You agree that We shall not be liable to you or to any third party for any modification, suspension or discontinuance of this Website.

General Description of Services

RateSheet.ca offers a common platform for the mortgage seekers and brokers to do business. The mortgage seekers can post their requirements in the form of an online application, and multiple brokers compete among themselves by bidding on the applications. Mortgage seeker, then, chooses the broker that gives him the best deal.

Special Terms Governing Really Simple Syndication (RSS) Feeds

We reserve the right to provide Really Simple Syndication (RSS) feeds (hereinafter, referred to as ‘RSS Feeds’) through this Website, which will enable you to access certain portions of the Website content (hereinafter, referred to as ‘RSS Content’) in Extensible Markup Language (XML) format for display on the designated pages of your website (hereinafter, referred to as ‘Your Website’). By subscribing to the Website’s RSS Feeds, you acknowledge that your use of the RSS Feeds and RSS Content is subject to the terms and conditions set out in this clause as well as the terms and conditions of this Agreement.

Your use of the RSS Feeds shall be exclusively for non-commercial purposes.
The Company grants you, subject to the terms and conditions contained hereunder, a limited, non-exclusive, non-transferable, non-sub-licensable, revocable license solely to incorporate and display RSS Feeds as provided by RateSheet.ca onto Your Website under the name of RateSheet.ca or as otherwise designated by RateSheet.ca in any manner. In the event of termination of this Agreement by any party at any time, this license shall be automatically and immediately revoked. This license does not permit any other uses of RSS Feeds, including without limitation, the incorporation of advertising into or the placement of advertising associated with or targeted towards the RSS Content. You are strictly prohibited from editing or modifying the text, content or links supplied by RateSheet.ca in any manner whatsoever. You shall be solely responsible for ensuring that the end-use of RSS Feeds you receive is in accordance with the terms and conditions contained hereunder.
You shall be solely responsible and bound to respect the integrity of the RSS Feeds, RSS Content, RateSheet.ca trademarks.
RSS Feeds and RSS Content must be separated from other content so that they may not alter its meaning.
The hyperlink contained in the RSS Feed and RSS Content must be used as is and may not be removed under any circumstances. You further acknowledge that when a user clicks on the RSS Content, the RSS Feeds must link and redirect to the intended page on the Website. You agree not to display the RSS Feeds or Content in a manner that amounts to blocking successful linking and redirection to, and delivery of the appropriate Website page.
You are prohibited from framing any page on the Website. You may not insert any intermediate page, splash page or other content between the link from any RSS Feed or RSS Content and the applicable Website page.
The RSS Feeds and all materials displayed or otherwise made accessible through the RSS Feeds, including without limitation, headlines, links, other source identifiers, articles, text, trademarks, computer software and code (hereinafter, referred to as ‘RSS Materials’) are protected under Canadian, international and other applicable intellectual property laws. The Company owns and retains all rights, title and interests, without limitation, in and to the RSS Materials.
Notwithstanding anything to the contrary contained hereinbefore or hereinafter, you acknowledge and agree that the RSS Feeds and RSS Content may not be used or reproduced except as provided herein without the consent of the Company.
We reserve the right to discontinue the provision of any and all the RSS Feeds at any time. In such an event, you undertake to cease the display, distribution or use any or all of the RSS Feeds for any reason, including without limitation, your violation of any provision of this Agreement.
We shall not be liable for any of your activities in connection with the RSS Feeds or for your use of the RSS Feeds in connection with Your Website or your use or your users’ use of this Website or RSS Feeds. Further, you agree to indemnify the Company against any claim made by your users against the Website originating from Your Website.

General License

You are given a non-exclusive, non-transferable, non-assignable, and revocable license to use this Website under the clauses and provisions contained in this Agreement. You expressly undertake not to copy, sell, trade, or otherwise commercially exploit the content and services offered by this Website.

By submitting all kinds of content to the Website, you hereby grant to the Company a worldwide, perpetual, irrevocable, royalty-free license to use, copy, modify, display, and perform such submitted content, under all user intellectual property and proprietary rights worldwide. You agree that the Company may preserve and disclose any such submitted content or other information associated with you or your account where required to do so by law or where such preservation or disclosure is reasonably believed by the Company to be necessary to ensure compliance with the law, enforce the Agreement or protect the rights and interests of the Company.

General Terms

You acknowledge that the content on the Website is the proprietary property of RateSheet.ca Inc.
Some of the content on this Website may represent users’ Intellectual Property. Any act from any member of the general public infringing on the intellectual property of the Website users is strictly prohibited.
You are expressly prohibited from indulging in spamming techniques while using this Website.
You are expressly prohibited from spreading technological nuisances, like viruses, Trojans, worms, or other programs intended to damage, destroy, detrimentally interfere with, surreptitiously intercept, or expropriate any system, data or personal information on other computer systems.
You are expressly prohibited from resorting to personal attacks, negative or unfair criticism or other forms of discourteous and unprofessional online conduct or practices. Further, any illegal act, including but not limited to, pornography in general, child pornography, defamation, profanity, etc. is strictly prohibited from being transmitted or propagated through any of the features provided on this Website. We reserve the right to remove such content from the Website at any time without notice to anyone.

Indemnity

You agree to indemnify and hold the Company, its subsidiaries, affiliates, officers, suppliers, agents, co-branders, partners, employees, service providers, and directors, harmless from any claim or demand, including reasonable attorney’s fees, made by any third party due to or arising out of your violation of this Agreement; your use of the Website or any of the features offered on this Website; and your placement, posting or transmission of any message, information, software or other content on or through the Website. You further agree to assist and cooperate to the fullest extent as required by the Company in the de fence of any such claim or demand.

Limitation of Liability

EXCEPT IN JURISDICTIONS WHERE SUCH PROVISIONS ARE RESTRICTED, IN NO EVENT SHALL THE COMPANY BE LIABLE TO ANY USER OR ANY THIRD PARTY FOR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES, INCLUDING LOST PROFIT DAMAGES ARISING FROM YOUR USE OF THE SERVICES, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, THE COMPANY’S LIABILITY TO YOU FOR ANY CAUSE WHATSOEVER AND REGARDLESS OF THE FORM OF THE ACTION, WILL, AT ALL TIMES, BE LIMITED TO THE AMOUNT PAID, IF ANY, BY YOU TO THE COMPANY FOR THE SERVICES.

Linking and Framing

The Company permits other websites to link to its Website. However, framing of the Website or any of its content in any form whatsoever and by any method is strictly prohibited unless explicitly permitted by the Company.

Notwithstanding anything to the contrary herein, We reserve the right to cancel and revoke the permission to any party to link to the Website at any time, for any reason or no reason whatsoever, without any notice, and without any liability to such party or any other person.

In case of clarifications and doubts about Our Linking and Framing policy, please feel free to Contact Us.

Waiver

The Company’s failure to enforce any right or to act with respect to any breach by a user of any clause(s) of this Agreement shall not be construed as waiver of that right nor waives the Company’s right to act with respect to subsequent or similar breaches.

Severance

If any provision contained herein is held to be invalid or unenforceable by a competent legal authority, such provision shall be struck off and the remaining provisions remain enforceable.

Independent Contractor

You and the Company are independent contractors and no agency, partnership, joint venture, employment or franchise relationship is intended or created by this Agreement or your use of the Website.

Mortgage Rates

The mortgage rates shown on this Website are based on the information supplied by Cannex, the datafeed supplier, and the individual lenders and mortgage brokers. All rates are further subject to verification by Our suppliers. Please ensure that all information provided is accurate in order to avoid delay or denial of coverage. In the event that there are any discrepancies between the rates being provided and the rates established by Our suppliers based on the same information, the latter shall prevail. Further, the benefits and services provided through this comparison system are subject to the terms, conditions and limitations of the applicable agreement(s) governing them.

Jurisdiction

All the disputes arising out of or related to this Agreement, or your relationship with the Website shall be subject to the laws and courts in the City of Toronto, Province of Ontario, Canada, without regard to the conflicts of law provisions of any jurisdiction.

Buying a home

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Mortgage & Rates

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Best Mortgage Rates

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Mortgage Brokers

Best Mortgage Rates

No matter which province or territory you reside in, finding the best mortgage rate can save you thousands of dollars. Obviously, there are not many people who can purchase property without taking out a home loan. Taking out a home loan lets you buy, live in and/or use a home without needing to come up with the full dollar amount at the time of purchase. Usually the amount of the loan is equal to the majority of the home’s worth, but the downfall of this is that you will be required to pay interest on the loan. Most lenders insist on a down payment, i.e., a payment equal to a portion of the property’s worth. For instance, if a home is worth $200,000 and the buyer would need to make a down payment of 10%. This would equal a $20,000 down payment ($200,000 x 10%). To make up the balance, the lender would loan you $180,000 ($200,000 minus the $20,000 down payment).

When you are dealing with interest rates on large amounts of money even a variance in interest rates as small as an eight of a percent can make a significant difference in the amount you will be required to repay. Typically the interest is also calculated over long periods of time, which puts even more emphasis on securing the best rate possible. To make things more complicated there are also different rate and mortgage rates. This can make it difficult to determine whether you are comparing apples to apples or apples to oranges.

Interest rates can vary widely even from day to day so locking in on the best rate is extremely important. One of the easiest ways to do this is to enlist the help of a mortgage broker who can act as an entry way to a variety of lending institutions – banks, credit unions, etc. A mortgage broker can shop around for you, which make them a great resource for finding the right rate and mortgage options.

A potential buyer also needs to understand how much is a reasonable amount to borrow as well as the implications of payment frequency.

Home Purchase Mortgage

Buying a home requires a huge financial and lifestyle commitment and whether you are a first-time home buyer, upgrading to a larger, more expensive home, purchasing a rental home or buying a vacation property, there is always a lot to consider. One of the most difficult to decisions to make is whether this is the right time for you to buy. Making a careful assessment of your current situation can help you make that decision but the answer should also take the current economic circumstances if your community.

Here is a partial list of the things you’ll want to consider:

the amount you can afford to spend
renting versus owning
the size of the mortgage payment in relation to your budget
interest rate
mortgage options

Right now, you are probably starting to consider the broad array of mortgage solutions, payment options available and how they can be used in a way that matches your needs. Ratesheet.ca has put together information for home buyers that is designed to help you make the right decision for you.

The tools and information we have gathered are provided at no-cost to ensure that you are able to make a comfortable, well-reasoned decision. Our tools will help guide you through the steps to determine the best options. Get the best mortgage rate Canada.

Get the Best Mortgage Rates in Canada

Rateshet.ca provides best mortgages rates in Canada. Get the lowest mortgage rates in Canada. Whether you are in the market for a mortgage renewal, debt consolidation or other special needs loan, our mortgage rates are the best in Canada. By working with a variety of banks and brokers, even private funders, Ratesheet.ca is able to offer you simply the best in financial solutions and mortgage rates. At Ratesheet.ca we compare the mortgage rates for you to ensure that you get the best mortgage rate in Canada that is available to you.

Rate Types – Fixed vs Variable

As you look further into making your purchase decision, you’ll notice that there are some terms that are being thrown at you with which you may or may not be familiar. Typically, agents and brokers will use terms such as “fixed rate”, “variable rate”, and “protected (or capped) variable rate” to describe the types of interest rates available. As a potential buyer you should become familiar with these terms as making the rate choice can have a significant impact on your financial future. Included below are the basic definitions and explanations of each of these types.

Fixed Mortgage Rate
A fixed rate means that your interest rate remains the same (fixed) for the entire term (duration) of the loan. Generally, this means the percentage of interest will be a little higher since the lending institution may be losing money in the future if the interest rates rise. A fixed rate loan provides the buyer with the serenity of knowing the cost of their interest will stay the same over time. This means your payment and the amount that goes towards reducing the principal (original loan amount) will remain the same over time as well.

Variable Mortgage Rate

A variable rate means the percentage of interest that you are repaying will vary based on the changes in the interest rate(s) of the overall market. Typically, fluctuations in your interest rate will not alter your monthly payment, but will vary the amount of your monthly payment that goes towards reducing your principal (original loan amount). This means if overall interest rates go down you will actually be paying off your loan more quickly. On the other hand, if interest rates increase, you will be paying off your loan more slowly. Accepting a variable rate does involve a certain amount of risk but can work to the advantage of the buyer over time.

First Time Home Buyers

If you’re considering buying your own home for the first time – congratulations, you are embarking on one of the most satisfying experiences of your lifetime. There is nothing like walking through the doors of your own home and knowing that it is yours. Of course, there are many routes to getting to that point when the key in the lock is yours and navigating the choices can be extremely challenging. The first step though is to thoroughly weigh the pros and cons of owning your own home and deciding if being a home owner is the right choice for you.

You should start by asking yourself two essential questions.

The first question you need to ask is what can I afford to buy?
Owning your own home shouldn’t put a crimp in your current lifestyle, but, unfortunately, many first-time buyers find themselves “house-poor”. This means that they have nothing leftover in their budget to enjoy the good things. Everyone deserves to go out to dinner occasionally and if owning the home you want will mean you have to stay in every night eating beans and rice then you should either postpone your purchase or purchase a home in a lower price range. Remember, your first home doesn’t have to be the home you live in for the rest of your life, and you can make improvements to your home as your income increases. Ratesheet.ca has some helpful hints and tools available to you determine what price range makes the most sense for you.

The second question is what kind of home is the right one for you?
There is a broad range of options that reflect both personal style and financial resources. Homes that are newly constructed, for example, tend to incorporate more energy saving measures and, in addition, offer the opportunity to tailor the home to your preferences allowing the buyer to decide on things such as flooring, fixtures, trim, etc.

On the other hand, older homes are generally located in well-established neighborhoods and may be closer to schools, shopping and entertainment. In fact, the older the neighborhood, the easier it will be for you to find out about the schools, etc. because there is more history on which assessments can be made.

The decision to purchase your own home needs to incorporate your financial situation, but you’ll also need to take your lifestyle needs into account if you want to make a choice that will let you be happy in both the long and short run. Ratesheet .ca provides the best Canada Mortgage Rates. To find out Today’s Best Mortgage Rates please Compare Mortgage Rates.

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Today's Best Mortgage Rates

Best Mortgage Rates Canada

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Get Personalized Mortgage Offers

Canada Mortgage Rates

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Terms & Conditions Agreement

Modifications and Updates

Privacy

Eligibility

Modifications to Service

General Description of Services

General License

General Terms

Indemnity

Limitation of Liability

Linking and Framing

Waiver

Severance

Independent Contractor

Mortgage Rates

Jurisdiction

Buying a home

Credit score and rating

Mortgage & Rates

Refinance / Renewals

Best Mortgage Rates

Best Mortgage Rates

Bank Mortgage Rates

Mortgage Brokers

Best Mortgage Rates

Home Purchase Mortgage

Get the Best Mortgage Rates in Canada

Rate Types – Fixed vs Variable

Variable Mortgage Rate

First Time Home Buyers

Canada Mortgage Rates

Mortgage Rates Canada

Today's Best Mortgage Rates

Best Mortgage Rates Canada