A 47-year mortgage? They're out there — and even longer ones could be coming
Canada's top banking regulator will soon implement new guidelines aimed at reducing the risks posed by the growing number of negative amortization mortgages — those where payments aren't enough to make a dent in the original loan balance.
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https://www.cbc.ca/news/business/mortgage-negative-amortization-1.6986214?cmp=rss

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