Tagged : SW Calgary Homes for sale 
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Mortgage Rates on the rise
Thursday, April 15th, 2010 at 1:45pm. 754 Views, 3 Comments.
Have one eye on interest rates and another on SW Calgary Real Estate Listings? Then you already know that mortgage rates are on the rise and that SW Calgary Homes for sale are going to cost you a little bit more. As speculation grows that short term interest rates will be raised by the Bank of Canada, many people are beginning to look at locking in with a fixed rate mortgage. For some, this is the right thing to do, while for others, maybe not.
Whether looking at SW Calgary homes for sale for a first home purchase, or a 'veteran' home owner looking to refinance or renew, homeowners and home buyers almost always end up asking themselves the same question: variable or fixed?
Historically, a variable rate mortgage has won out in reducing the total amount paid.…
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