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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (68320)	11/18/2010 3:14:38 PM
From: Cogito Ergo Sum	Read Replies (2) \| Respond to of 219777

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.....