Posted Sep 23, 2008, 2:48 PM
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Closed account
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Join Date: May 2008
Posts: 1,267
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I am also wondering if a variable rate mortgage is the route to go as well. Many times it isn't wise to get this but not with many changes in rates it can be a good way to go. There hasn't been much increase in mortgage rates the past while. My mortgage renews at the end of the year and I am thinking of taking the variable rate. A variable rate is about 4.750% for an open at the time.
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