Open vs Closed Mortgages Explained
Published on: 27/11/2025
Open vs closed mortgages explained. Learn the differences, pros and cons, and how to choose the best mortgage type for your financial goals.
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Open vs closed mortgages explained. Learn the differences, pros and cons, and how to choose the best mortgage type for your financial goals.

Learn the difference between private and traditional mortgages in Canada. Compare rates, requirements, risks, and when each option makes sense for borrowers.