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	<title>Realty Agent Blog &#187; banking</title>
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	<description>homes for sale in and out of this world</description>
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		<title>Canada Offers Mortgage Insurance, Must You Bite?</title>
		<link>http://www.realtyagentsites.com/blog/canada-offers-mortgage-insurance-must-you-bite/</link>
		<comments>http://www.realtyagentsites.com/blog/canada-offers-mortgage-insurance-must-you-bite/#comments</comments>
		<pubDate>Sun, 11 Jul 2010 10:50:14 +0000</pubDate>
		<dc:creator>Alonzo M. Mcrae</dc:creator>
				<category><![CDATA[Home Improvements]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[mortgane loans]]></category>

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		<description><![CDATA[If you are looking to buy a home but cannot afford the down payment, the Canadian housing finance system has made it possible. You are able to get a mortgage with a 5% down payment on your home, but will be able to get a 20% interest rate. How can this be? It is possible to get such a great deal because they require the purchase of loan insurance for the amount borrowed. While you are able to get a property without paying the entire down payment, the lender is able to reduce the risk of a default loan.]]></description>
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