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30 Year Mortgages for First Time Buyers?

Updated Wednesday, February 13, 2019  ::  Views (30)

 

Ottawa is considering a move that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the current 25-year limit. What do you think about this? Is it a good move or just making the problem bigger? Click the Globe and Mail link below to see how a 30-year amortization would affect mortgage payments.

 

The Globe and Mail

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