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Old 09-30-2008, 08:53 PM   #193
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by oilers_fan View Post
What are the odds that Canadian interest rates rise as a result of this? I have a HELOC with a variable rate, and am not looking forward to seeing that rate rise...
You should probably prepare for the day that rates rise (just to be safe!). In the near term though rates will likely be cut, so you should be okay for a while.
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