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Month: October 2019

bank of canada

Canadian interest rates will likely sink lower in 2020

The Canadian labour market is strong and wage growth is encouraging, but still, the Bank of Canada can’t seem to shake the feeling that something bad is going to happen.

The post Canadian interest rates will likely sink lower in 2020 appeared first on Livabl .

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Sunday Activities

Looking for some fun activities to do on a Sunday? ?? Here…

Looking for some fun activities to do on a Sunday? ?? Here are a list of events happening today, in St. John’s: ✳️ Kelsey Fall Mini-Market! ? Jumping Bean Coffee – Kelsey Drive, St. John’s ✳️ Sunday FUN-Day with The Market Family ? Fluvarium – St. John’s ✳️ An…

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Fixed Rate Mortgage

What Is A Fixed Rate Mortgage?

The interest rate on a fixed-rate mortgage is set for a pre-determined term. This offers the security of knowing what you will be paying for the term selected.

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Variable Rate

What Is A Variable Rate Mortgage?

A mortgage in which payments may fluctuate from month to month depending on market conditions. If interest rates go down, more of the payment goes towards reducing the principal; if rates go up, a larger portion of the monthly payment goes towards covering the interest.

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