With Interest rates this low, you will be able to save tens of thousands of dollars in interest paid to your lender. Canadian Mortgage And Housing is predicting that interest rates will be hitting the 7.5% over the next few years. With homes are predicted to increase in value in the future - 2009 homes increased by 3.3% - 2010 growth by 5%. Taking into account the saved money in interest payments and increase of home equity we can leave more money in your pocket.
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