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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 464.71

+1.5%

Jan 26 4:00 PM EST

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To: Hawkmoon who wrote (68320)	11/18/2010 3:14:38 PM
From: Cogito Ergo Sum	Read Replies (2) of 219783

Hawk something really literally amazes me.. In Canada Variable rate mortgages are very popular.. tied to prime.. rate fluctuated monthly.. typically you can lock in to a fixed rate any time.. so folks take especially in declining rate environments.. Thing is when we 'lock in' our best bet is typically a 10 year term.. ie.. amortisation <> term.. and would need be renewed after term is up.. yet we did not implode ? nor do we have the benefit of mortgage deduction... Seems like some folks down your way are really really reckless.....

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