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Rates Aren't That Bad By One Measure

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Also in this edition:
• Arrears Are Cyclical. Don't Act Like It’s News
• 98% financing just rolled into Nova Scotia
• As Cars Get Pricier, Mortgages Get Harder

Mortgage rates aren’t hanging out at 1.99% anymore, but make no mistake, they're still priced aggressively.

The chart below lines up mortgage rates next to what the big banks are paying on their own 5-year senior debt.

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