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Tag Search Results For '40 year' (2)
Say Goodbye to 40 year mortgages and 100% financing
St. John's Real Estate Blog - Stephen Winters | July 10th 2008 by Stephen Winters
The Canadian Government is making it tougher for home buyers to obtain a mortgage and with good reason. Starting October 15 of this year, the new rules will take effect. We are all familiar with the sub-prime mortgage meltdown in the States the p read more
40 Year Mortgage, no Down Payment?
Markets Bull | May 13th 2008
This issue bothered me for a while now.Since 2006 Canadian Banks have been dishing out 40 year mortgages with little or no down payments. Mortgages upward of $300,000 to new home buyers.The Bank of Canada Governor is concerned because this extra li read more
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