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Low mortgage rates could spur hot summer for home sales in 2019 – For instance, a $300,000 30-year mortgage at the current rate of 3.82% would have a monthly payment of around $1,400,

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Mortgage payments to edge higher with rate hike – Taylor said the payment on a $500,000, five-year variable mortgage amortized over 25 years would rise by $104 per month with a 25-basis-point hike, adding that the average mortgage balance in Toronto.

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