Mortgage Debt??? Too Much


OrangeSlacks Update

With the prospects of higher interest rates, servicing higher debt could become more difficult…but 81% say “We’re OK” http://bit.ly/9hZx9x

It’s great that canadians are optimistic, but economists have indicated that 2011 could see rates as high as 7.5%.

On the average home that could make a $300 or $400 diffrence in monthly payments.

Dave 

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