Canadian first time home buyers are 36 years old on average. That means they won’t have that starter condo paid off by the time they retire, according to recent bank reports. Four of the Big Five banks reported a large share of their portfolio had amortizations longer than 30 years in Q2 2023. Most of […]
The post Canadian Banks Report 1 In 4 Mortgages Are 35 Years Or Longer appeared first on Better Dwelling.
