Written by 1:33 PM General Views: 8

More on 40-year Mortgages

Here’s another scary 40-year mortgage scenario from the Sun’s Linda Letherdale (Thanks to the Canadian Capitalist).

For the credit challenged out there, Genworth Financial notes that 40-year mortgages are not sub-prime products.  You need reasonably decent credit.

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Last modified: October 24, 2006

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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