Some Canadians looking to break into the housing market can now get 30-year mortgages, up from the standard term of 25 years, thanks to federal changes to amortization rules. Mackenzie Gray explains who qualifies, how the federal government hopes it will make owning a home feel more affordable, and why critics warn it could be trading short-term gain for long-term financial pain.
Global National
Liberal plan for 30-year mortgage amortizations begins
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