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Daily Archives: September 27, 2023

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Let’s Talk About The ‘infinity mortgage’… What Do Experts Have To Say About It?

Posted on September 27, 2023
By Eric MajdalaniMortgage
infinity

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…

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