Some first-time homebuyers will now be able to extend amortizations on their insured mortgages out to 30 years. Here's what experts say about the affordability impact.
Here in the US, I could get a 30 year mortgage, but home prices are so astronomically high, along with interest rates, that even spacing it out across 30 years doesn’t make it very affordable.
Here in the US, I could get a 30 year mortgage, but home prices are so astronomically high, along with interest rates, that even spacing it out across 30 years doesn’t make it very affordable.