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Loan Modification

: Mortgage Lender Implode-o-Meter

Rate hikes could spark house price collapse, economist warns

By Implode-Explode Heavy Industries

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"Any move by the Bank of Canada could ?easily? cause house prices to collapse, Capital Economics warns in a bleak report that suggests the Canadian housing market is likely to suffer the same sort of crash that has plagued countries such as the United States."

Full post as published by Mortgage Lender Implode-o-Meter on February 03, 2011 (boomark / email).

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