3 ms·

What is the standard today in Canada? Less than 30 years?

• cmrdporcupine 7y ago
  Typical is 25 years. We had 30 year mortgages before and they were eliminated to try to cool the housing market.
  • infinite8s 7y ago
    25 years, but the rate is fixed in 5 year terms (ie after 5 years you renegotiate the rate).