CMT Team·General·November 24, 2006Unconventional Mortgages 5 percent of Canadians take out non-conventional mortgages (interest-only, 100% financing, etc…). In the U.S. the number is 20%. Could the U.S. housing bubble have anything to do with America’s penchant for higher risk mortgages with more buying power? We think so. Furthermore, once non-conventional mortgages take hold in Canada (and they will), some think this same logic will apply here. The result? Many expect another bump up Canadian home prices. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.