Hi, I really need to have some idea of what the fixed 5 yr. mortgage rates will be in 3 or 3.5 years. Right now they seem to be between 3.99% and 5.45%. In the future the rates will surely go up because Bank of Canada will have to slow monetary expansion and raise interest rates. So what do U think thefix. 5yr. rates will be in 3-3.5 years? 7-8%??? Or can it go up to all the way to 9-10% by 2013??
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