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← $2,900,000 Foreclosure: 5662 Chancellor Blvd, Vancouver; near UBC.

“Many of my clients with multiple real-estate properties plan to purchase additional properties with new money instead of investing in their retirement portfolio.” →

“I have a number of variable rate mortgages right now at 1.35%”

Posted on 18 January 2010 | Leave a comment

Any cheaper and it really is free money. -vreaa

This from a property investor named thadeus at RE Talks 18 Jan 2010 -

“For the record, I have a number of variable rate mortgages right now at 1.35% … I also have properties with a fixed rate of 5.49% and they still cashflow each month.”

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This entry was posted in 05. Where do Buyers get the money?, 08. Overextended Buyers, 15. Misallocation of Resources and tagged Anecdotes, Bailout, Banks, British Columbia, Bubble, Canada, Economy, Government, Housing, Interest Rates, Mortgage brokers, Real Estate, Speculators, Vancouver. Bookmark the permalink.

← $2,900,000 Foreclosure: 5662 Chancellor Blvd, Vancouver; near UBC.

“Many of my clients with multiple real-estate properties plan to purchase additional properties with new money instead of investing in their retirement portfolio.” →

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