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Tag Archive: rate history


Canada’s Most Misconstrued Mortgage Study

If we only had a milli-bitcoin for every time someone said this: “…Long-term data tells us that a variable-rate mortgage is the best option.”—LowestRates.ca No, it doesn’t. What the “data” tell us is thata variable-rate mortgage was the best option in a specified timeframe based on particular assumptions. The data in no way mean thata variable-rate mortgage is the best...

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