ਕੀ ਕੈਨੇਡਾ ਵਿੱਚ ਮੋਰਟਗੇਜ ਲੌਕ ਕਰਨ ਦੀ ਮਿਆਦ ਵਧੇਗੀ ? | Mortgage Rate Lock | Discussion | RED FM Canada 

SINGH SAAB,VAADU DA JABKHANA PAAYA HOYEA HAIGA CANADA VICH AND THERE NEEDS TO BE 100 PERCENT LTV JUST LIKE USA

SINGH SAAB , KHYAAL BAHUT NEK HAI SAADA

Glad to see greedy people lose everything. The Amortization should be 20 years and Interest rate should be 10% minimum.

Current system is perfect according to boc nothing will change.

The greed created this mess. 50 yr amortisation is just a way to create bigger bubble.Prices will go even higher. In US the property tax is higher, also mortgages are linked to IRS tax verification.

Increasing amortozation to double will eventually double your interest paid to banks...for a mortgage of $300,000 at 3% rate ....with 25 year amortization you will pay interest of $ 126000 to free your house and for 50 year amortization you will pay about $280,000 interest...eh sab moorkh katthe hoye ne...jo kehnde increasing amortization will help you....moorkh illiterate banda evetually eho jehi financial mistake kar k soch da rehnda baut vadda teer maar lya...but moorkh nu eh nhi ptaa hunda..nuksan kinna ho gya....for larger mortgage amount you loose larger amount to interest if you choose bigger amortization period

As affordability will increase then cost will increase drastically. So this is not a good idea. Same houses will sold on high values and people will be ruined and will be exploited more.

Because banks only get consent for mortgages purposes not for investigations ,so cra should get information from banks as authorities 🙏

No it Cannot be done in Canada. Because is no one willing to buy 30 year bonds for Canada. Plus rates of 30 fixed will be much higher than 5 10 years. No one wants to lock his money at 2% for 30 years. No buyer of 30 year mortgage back securities for Canada.

I have lived in US & in Canada, property tax in Canada is very Low. It should go even higher.

Bad Idea. Connect mortgage with CRA. The best thing. With 25 years time only houses will become affordable

Because Canadian bank doesn’t want to default in India and USA there are lot of banks who default every year . Canadian banks want to go with market and treasury rates

Very good ji Godbless you all always 🙏

It is always good to live in fool, s paradise. Continue enjoying.

The market is crashing & 2025 will be really bad if people are stuck they should take a loss & sell

comparing apples and oranges

Fake papers lga k mortgage laie aa fir Eda e hona aaa..