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What Affects Variable and Fixed Canadian Mortgage Rates

 
 
 
 
 
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The absolute chaos in the global financial markets over the past few weeks with the US $700 billion bailout plan, Lehman Brothers going bust, European banks being nationalized and some government’s guaranteeing customer deposits is starting to hit home as mortgage rates have recently increased– which leads to the very interesting question – what actually affects Canadian mortgage rates?

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06/25/2009

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