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1stLand · 03-13-2010, 10:19 AM

There are plenty of buyers that have taken out a mortgage based on Canada's current low variable rates.

I hope they have done their homework and realize what their payments will be once the rate rises 3 or 4% in a few years time........

03-13-2010, 10:19 AM	#162
1stLand Lifetime Suspension Join Date: Jan 2010 Location: Calgary Exp:	There are plenty of buyers that have taken out a mortgage based on Canada's current low variable rates. I hope they have done their homework and realize what their payments will be once the rate rises 3 or 4% in a few years time........