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Old 02-18-2009, 02:24 PM
trent trent is offline
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Join Date: Jun 2008
Posts: 387
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It might be in a near future. Actually getting any mortgage with less than 25-30% down payment might not be possible. I wonder who can afford to buy a $500K house (for this price you can't get a semi in a nice Toronto neighborhood) if the banks require 30% down? How many people have $150K laying around for downpayment?
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