Quote:
Originally Posted by Jason14h
It not theoretical with 5.5% GICs ( before the last interest raise )
It’s simple math
People paying down a sub 3% mortgage are crazy unless they doubt their ability to save .
You are literally flushing $ down the toilet
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Well the three year today is at 5.32%...at least the best I can see. GIC rates don't move directly with the overnight rate.