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Bank of Canada cuts Interest Rates again. Prime now at 2.25%
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04-21-2009, 10:06 AM
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Old Yeller
First Line Centre
Join Date: Mar 2004
Exp:
I'm on a variable rate mortgage but I pay a flat rate every month in which the extra is applied directly to the principle.
If this does stay this way until sometime in 2010 I'll be paying 3 to 4 years off my mortgage in the next year and a half.
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