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Old 06-20-2012, 10:06 PM   #3
Kavvy
Self Imposed Exile
 
Join Date: Jul 2008
Location: Calgary
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Quote:
Originally Posted by Fire View Post
I know the conservatives are the ones who increased the amortizations in he first place but at least they are fixing their mistakes. This will lower the prices of houses which will only be good news for first time buyers.
Which is me.... it would be nice to find a sweet spot between amortization rates, intreset rates and the decrease in housing prices... i.e. as intrest rates go up, I pay more, but housing prices may decrease - maybe by a lot
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