Canadian Banks Are Extending Amortizations Over 35 Years To …
How the heck do you even get a mortgage that long? It typically requires a speciality product to obtain a loan that long. The answer is negative amortization, and how the lenders are … See more
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Canada’s Largest Banks Report Surge In 25-year Amortizations
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Aug 30, 2023 · Canada’s largest banks report another big jump in mortgages longer than 25 years. As of July, 43% of RBC’s residential mortgages had amortization periods of more than …
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