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Mortgage Broker News | 30 Mar 2010, 12:00 AM Agree 0
Four banks have increased their posted rates on fixed mortgages, signaling the start of an upward move on record-low interest rates.
  • Jason | 31 Mar 2010, 12:23 PM Agree 0
    the oilpatch is already dead so lets try to kill the housing market as well
  • John | 31 Mar 2010, 09:13 PM Agree 0
    Well, sooner or later this exuberance has to be reigned in or the "bubble" will come to light and we will see a much deeper 'stagnation" in the housing market and the economy as a whole. I for one welcome this increase and expect more to follow.
  • Suneel's comments | 03 Apr 2010, 12:50 AM Agree 0
    The economy is not strong enough to sustain any slow down in realestate due to mortages being more expensive. All I see here is the bank's have joined hands to push clients towards higher rates by making variable rate qualifying so difficult. Income needed to qualify and prices of realestate are not in line.
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