Rising interest rates pushed amortization periods beyond 35-yr, posing risks to borrowers.
Canadian lenders reduced mortgages exceeding 35-yr by 27% to $220B.
Canada’s Lenders Reduce Mortgage Amortization Periods
Rising interest rates pushed amortization periods beyond 35-yr, posing risks to borrowers.
Canadian lenders reduced mortgages exceeding 35-yr by 27% to $220B.
This will close in 0 seconds
