It crazy. I have 3 mortgages stuck for 5 years. 2 of which are higher than what is offered now. It just shows how important it is to stick with the right people that can offer you information that saves you thousands of dollars in a 5 year term per property.
We have a number of variable rate mortgages on various properties and the drop in prime rate has improved our overall cashflow by about $500/month. I owe that to REIN for their predictions and advice on mortgage financing.