Canada introduces 30-year amortization for insured mortgages — sort of

Canada introduces 30-year amortization for insured mortgages — sort of

Canada introduces 30-year amortization for insured mortgages — sort of By Mark HrycenkoPosted April 13, 2024 \\\\ This change only applies to a very limited group of first-time home buyers. The Government of Canada has announced changes to mortgage amortization rules, which will take effect on August 1, 2024. Essentially, the maximum amortization period for…