David Boctor - Real Estate Solutions

David Boctor - Real Estate Solutions

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Desjardins urges Canada to adopt longer-term mortgages 05/31/2024

Desjardins urges Canada to adopt longer-term mortgages
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Desjardins urges Canada to adopt longer-term mortgages Canada should consider offering longer-term mortgages, such as 10-year options, to help households manage financial strain caused by rising interest rates. Currently, shorter-term mortgages dominate the market, leading to payment shocks for borrowers. Desjardins suggests measures to make longer-term...

05/30/2024

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