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John Zend purchased his condominium 6 years ago in Pickering; he obtained a mortgage rate of 4.5%, a very good rate then. Recently, when the
John Zend purchased his condominium 6 years ago in Pickering; he obtained a mortgage rate of 4.5%, a very good rate then. Recently, when the interest rate dropped, John was considering refinancing his mortgage at a lower rate. How might John Zend have found out when mortgage rates were at a level that would make refinancing his condominium more affordable?
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