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Just curious in practical terms how much would you expect to save from a 50 bps cut over the life of your mortgage?

I don't know. It's not an adjustable rate mortgage, so the savings will be entirely through inflation. Let's say we have 3.5% inflation going forward. That would be more than a 10% reduction in the real value of the mortgage, every three years.

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ahhh gotcha makes sense

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