Or heated seat subscription!This quote is hidden because you are ignoring this member. Show Quote
Or heated seat subscription!This quote is hidden because you are ignoring this member. Show Quote
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lol awesomeThis quote is hidden because you are ignoring this member. Show Quote
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Housing crash imminent right?
I can eat more hot wings than you.
This quote is hidden because you are ignoring this member. Show QuoteThe reason for children is becoming more obvious - Financial scapegoat. Probably call them lazy while I'm at it for full gaslight effect.The CMHC quietly notified lenders they’ll be extending the maximum amortization, or length of repayment. The developer bailout will help borrowers repay their loan over two generations, with projects at risk of default now able to extend their repayment term up to 55 years.
Ultracrepidarian
Nothing says love like passing generational debt down
Need 50yr terms to go with the amortization (like American style loans)…. Then it will be a flex, 1.99% vs 8.99% for others. Don’t give up the cheap money!This quote is hidden because you are ignoring this member. Show Quote
not everyone can have successful parents like 89coupe where they pass down aspen homesThis quote is hidden because you are ignoring this member. Show Quote
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Ultimate Flex: locked in 1.99% interestThis quote is hidden because you are ignoring this member. Show Quote
My BIL lives in the states and locked in his 25yr at ~2% iirc. Murica.
Their system has a shit ton of unintended consequences. It is almost never a good idea to not let the cost of capital float with the market.This quote is hidden because you are ignoring this member. Show Quote
Outside of the pandemic lows which a lot of people will benefit from the US almost always has mortgage rates around 1-2% higher than Canada because of the long terms. Historically we've come out ahead because having 3% and then renewing after 5 years for 3.5% is far better than being locked in at 4% for 25 years.
Canadians could've also took 10yr+ terms out at the time which in hindsight would've been smart. But we're all quite dumb unfortunately.
I will renew for eternity at anything in the 2's (if we ever get there again, but I doubt we will).This quote is hidden because you are ignoring this member. Show Quote