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Tighter Mortgage Rules May Save Us From Ourselves

<br><br> People who remember the days when there was only one type of mortgage - with interest fixed at five per cent annually for the entire 25 years - will also remember the cartoon character Pogo saying: "I have met the enemy, and he is us." Indeed, there are times when we need to be saved from ourselves. <br><br>

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People who remember the days when there was only one type of mortgage - with interest fixed at five per cent annually for the entire 25 years - will also remember the cartoon character Pogo saying: "I have met the enemy, and he is us." Indeed, there are times when we need to be saved from ourselves.