Is it time to rent now? - 2005-03-24
Home ownership may be one of the best ways to accumulate wealth. But it's time to take a reality check in an overheated market in which people are being encouraged to take on too much debt.
What I'm referring to is a brand-new product that has available interest-only mortgages to cash-strapped home buyers, to help them realize their dream of home ownership, and perhaps free up cash for other investments, like RRSPs, RESPs, renovations or a lifetime wish.
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