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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: 5thhorseman   😊 😞
Number: of 15056 
Subject: Re: OT: Berkshire or mortgage
Date: 06/04/2023 12:31 AM
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{You can get a 30-year mortgage in Canada, but only if your down payment is more than 20%.}

Really? I live in Canada and I've never seen one offered, and I've never known anyone who had one.

To clarify, and you can get a 30 year amortization, but mortgage terms are typically 5 years at a time.

You can get a 30-year fixed rate term, but you will pay through the nose for it. A quick Google search shows a rates of 7.05%.
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