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To make smart decisions about credit, think of borrowing money like “renting” money, and the rent is the interest rate. Currently, renting money is cheap. However, interest rates are going up – and it will be more expensive for you
Please note: The following information are guidelines only. Each mortgage application is different because each person’s situation is different. Therefore, the following guidelines might not apply to everyone. Always speak to a financial advisor or a mortgage broker to understand
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