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Canada's long time Finance Minister Mr. Flaherty and Bank of Canada's much respected Mr. Carney are no longer part of the mortgage rate decision making club.

This past couple of weeks the Canadian banks have dropped their 5 year term back under 3% and BMO has published a lengthy article on why the real estate buyer should get a fixed rate, vs variable.

Read the article

 

Buying or selling vancouver real estate? Put Maggie's decades of hyper-local experience to work for you today! No-one knows Vancouver's waterfront neighbourhoods better!

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