Variable rates – where are they going?

October 20, 2009 10:26 am Jason Interest Rates

No where fast.

Looks like many of the financial whizzes in Canada believe that the variable rate is going to hold steady for a while.  They believe that if the Canadian Dollar achieves parity against the US Greenback that this may slow the Canadian Economy’s growth.

Good news for those of you who have Variable Rate Mortgages.

http://www.theglobeandmail.com/report-on-business/why-interest-rates-will-remain-low/article1330601/

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