Canadian Financial, Real Estate and Mortgage Glossary

zero balanceDefinition
What shows on a credit card customer's bill when the outstanding balance has been paid and no new charges have been incurred during the billing cycle.
zero balance transfer (ZBT) — Acronym
In order to get your business, banks will offer a zero interest rate credit card for a limited when you transfer over your balance.
zero down mortgageDefinition
A mortgage product that allows the borrower to financing 100% of their property.
zero economic growth (ZEG) — Acronym
zero lower bound (ZLB) — Acronym
  ➥  In relation to monetary policy.
zero-base budgeting (ZBB) — Acronym
zero-interest rate policy (ZIRP) — Acronym
A macroeconomic term describing conditions in which countries exhibit no or very slow economic growth with a very low interest rate.
Areas within a city limits in which certain types of land uses are allowed. For example, a zoning ordinance might permit houses but not factories in a neighbourhood.

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Mortgage Rates
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Mortgage Rates
Mortgage Rate History
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Mortgage Rates History