3 ms·
yeah common in Canada. Generally 5 year. House is amortized over 25 but you basically renew the loan every 5 years. US-style 15 and 30 year are unheard of.
by red-iron-pine 3y ago
yeah common in Canada. Generally 5 year. House is amortized over 25 but you basically renew the loan every 5 years.
US-style 15 and 30 year are unheard of. Kinda glad I didn't buy during COVID cuz I'd be getting slammed now...