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Homeowners breakdown with paid/unpaid mortgages. Which is quite interesting. Ownership with a life long mortgage is not that good sounding thing. Regardless, it
by betaby 5y ago
Homeowners breakdown with paid/unpaid mortgages. Which is quite interesting. Ownership with a life long mortgage is not that good sounding thing. Regardless, it still shows what Canada is in fact not even in the first half for home ownership in OECD.
- sokoloff 5y agoI’m about to refinance again (in the US) and while I can readily afford our current 15-year mortgage, I’m likely to take out a fresh 30-year-fixed. Why shouldn’t I? It’s almost sure that risk-free rates will rise over that time and may even exceed the mortgage rate during that period. In such a situation, a lifelong mortgage is exactly what I want to have.