The Edmonton Real Estate Blog

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Saturday, October 22, 2005

Mortgage Rate ALERT!


In the past 17 years I have had very little reason to caution people about rising interest rates. So guess what's coming. Yep, I'm recommending locking into some of the 5 year rates that are still available at 4.5%. So pay down the mortgage as much as possible over the next 5 years so that you can keep your payments relatively the same when you renew.

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