Say goodbye to the 30-year mortgage
Ottawa is attempting to cool the hot housing market by eliminating the 30-year mortgage and toughening lending rules.
Advertisement
Ottawa is attempting to cool the hot housing market by eliminating the 30-year mortgage and toughening lending rules.
Finance Minister Jim Flaherty has announced plans to tighten borrowing rules in Canada.
Bruce Sellery looks at the pros and cons of picking a long mortgage amortization period.
On watered down mortgage rules and our love/hate relationship with Canadian banks.
Advertisement
On locked in mortgages, segregated funds, the evolution of financial planning and 12 reasons to get a will.
Most people with at least average incomes should be able to comfortably set aside about 20% of their income.
On mortgages in retirement, excessive spending in kids sports and record booze sales in Ontario.
Advertisement
Easy access to mortgages has been driving the hot housing market for years.