Let’s Talk About The ‘infinity mortgage’… What Do Experts Have To Say About It?
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That many Canadians with mortgages are seeing their amortization periods stretched in a way they’ve never seen before is something economists and mortgage brokers agree on. But how “infinity mortgages” really impact homebuyers(opens in a new tab), mortgage default rates and the economy is less clear, experts say. And while they might not stay infinite for…