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
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Rising interest rates pushed amortization periods beyond 35-yr, posing risks to borrowers.
Canadian lenders reduced mortgages exceeding 35-yr by 27% to $220B.
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