Understood. I’ve only recently been learning how much Canadian mortgages force their lendees to “readjust” to new conditions. In the US you can generally keep the initial terms shy of a refinance or foreclosure
Can you provide any local insight as to whether you can find a decent house at a lower rate than that?
I know housing affordability is a shit show there and that lady isn’t making enough no matter what she does but I’m curious how much she could have lowered that percentage
She had to sell her house after her divorce and now pays $2,679 per month for a three-bedroom townhouse in the same neighbourhood. She didn’t want her children, a teen boy and teen girl, to have to switch schools or share a bedroom
You gotta recall Canadians have a natural healing factor hence why Keanu Reeves can crank out John Wick films while Daniel Craig is constantly in the hospital doing a fraction of the stunts
Understood. I’ve only recently been learning how much Canadian mortgages force their lendees to “readjust” to new conditions. In the US you can generally keep the initial terms shy of a refinance or foreclosure
Can you provide any local insight as to whether you can find a decent house at a lower rate than that?
I know housing affordability is a shit show there and that lady isn’t making enough no matter what she does but I’m curious how much she could have lowered that percentage