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To: Keith Feral who wrote (86084)1/21/2010 3:05:13 PM
From: Cogito Ergo SumRead Replies (1) | Respond to of 118717
 
since we are still a long ways from any monetary tightening this year, or next?
Yes I'm of that mind also.. In fact in Canada it seems most folks (we have many interest rate term options, not set for life of mortgage) have gone with 4-5 year terms to avoid rising rates near term.. Ironically that may be just when rates really do start to rise in earnest..