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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: LLCF who wrote (30241)4/8/2005 8:56:03 PM
From: I_C_Deadpeople   of 110194
 
Yes, there are some 10 year deals up here but the rates go up a point and a half typically. Most people I know have locked in (that is they have done so over the past few years) for 5 years. That seems to be the typical mortgage here, I know few who 'risk' the open mortgages, most take the 5 year term.
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