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Green your home, get reduced rates

Did you know some Canadian banks will reduce your interest rate on amortgage.

Did you know some Canadian banks will reduce your interest rate on a mortgage by as much as one per cent if you invest in certified Energy Star appliances, windows, or heating and cooling equipment in your house? That can add up to $2,000 in your pocket.

Meanwhile, the Canadian Mortgage and Housing Corporation gives qualified homeowners a 10 per cent green refund on mortgage loan insurance premiums if you buy or build an energy-efficient home, or make energy-saving renovations to existing homes.

 
 
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