Saturday, January 15, 2011

Amortization may go to 30 years from 35 years

In next budget amortization may go to 30 years from 35 years

http://www.bloomberg.com/news/2011-01-14/flaherty-s-helping-hand-may-delay-canada-interest-rate-rise-nomura-says.html

This will impact qualifying for mortgage for a lot of 1st time home buyers.

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