Beware the 40-year loan term - Ch 9 News

Beware the 40-year loan term - Ch 9 News. CIBC Says New Mortgage Originations to drop 50% This Year What it means for Canadian Real Estate

Beware the 40-year loan term - Ch 9 News video duration 2 Minute(s) 1 Second(s), published by RateCity on 23 01 2017 - 23:09:32.

A 40-year home loan may offer smaller monthly repayments but will cost you thousands in extra interest compared to a shorter term loan, warns Peter Arnold, The interest rate you secure when buying your home impacts more than just your monthly mortgage payment
The higher the rate, the more money you will pay .

Refinance Example to a 15 year term

Refinance Example to a 15 year term. Pros and Cons of a 15 year Mortgage

Refinance Example to a 15 year term video duration 2 Minute(s) 40 Second(s), published by Samantha Lindley on 21 06 2019 - 15:00:48.

Refinance example explained going from a 30 year to a 15 year mortgage
There can be great benefits and interest savings by selecting a 15 year mortgage In this episode I talk about the pros and cons of a 15 year mortgage and a 30 year mortgage and which one is right for you
There is no single right answer, .