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Mortgage Broker News | 18 Nov 2009, 12:00 AM Agree 0
Cheap mortgages and the explosive resale housing market have been stirring fears of a housing bubble among economists and real estate experts.
  • Clayton B. Carby AMP | 21 Nov 2009, 03:46 AM Agree 0
    Yes it is true that if the variable rates go up, and they will, over the next few years people will find their payments go up as well. As an Accredited Mortgage Professional it is my responsibility to ensure I do not put a client into a position of future failure. I think the financial Institutions also do this with the qualifying guidelines they have. This is not the US and we do things way more conservative here.
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