Question: Which statement is false? If you expect interest rates to fall, you would prefer a variable-rate over a fixed-rate mortgage. The maximum withdrawal under the

Which statement is false?

  1. If you expect interest rates to fall, you would prefer a variable-rate over a fixed-rate mortgage.
  2. The maximum withdrawal under the Home Buyers Plan is $35,000 per couple.
  3. CMHC mortgage loan insurance costs can be added to the mortgage loan.
  4. A home inspection is usually a condition in an offer to purchase.

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