Which statement is false If you expect interest rates to rise, you would prefer a fixed rate over a variable rate mortgage You are likely to be charged a lower interest rate on an insured mortgage than a conventional mortgage On reserve land is often the property of the First Nation, thus individua...

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Which statement is false? If you expect interest rates to rise, you would prefer a fixed-rate over

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Which statement is false?

If you expect interest rates to rise, you would prefer a fixed-rate over a variable-rate mortgage.
You are likely to be charged a lower interest rate on an insured mortgage than a conventional mortgage.
On-reserve land is often the property of the First Nation, thus individuals can only mortgage and own the home.
The premium on CMHC mortgage loan insurance is maxed at 4.5% for traditional down payments.