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Freelands Math is Debt Slavery
2 months ago
3
Samer and Faten shared with me how beneficial our government’s new mortgage measures are. With smaller downpayments and 30-year amortizations for first-time buyers and buyers of new builds more Canadians will be able to move into their dream home.
What Freeland is not teling anyone is in 5 years when it's time to renew, the banks will refuse as the market will have corrected and the house is now overvalued, They won't renew and the only hope is private lenders, which won't touch it either. Your giving your money to the banks, just to lose it in 5 years.
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