tomorrow morning it will be groundhog day. the snow keeps coming down and it looks like we will be under a blanket of 30cm by the time its over. But it reminds me of the movie.....
it will be deja vue all over again as yogi berra would say.
interest rates are dropping slightly - the press is becoming slightly less negative - i still believe its time to take a floating interest rate of say prime less 1% for a year and ride the wave until we hit bottom on the 5 year term - which i believe will be below 5.50
time will tell - in the mean time - the best option is refinance the equity in your home and eliminate credit card and other debts - cash is king- but cashflow is checkmate......
greygoose out
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