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No more 40 year mortgages for the fry guy at Mcdonalds

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Vancouver Condo Real Estate Video Blog #91 - July 11, 2008 No more 40 year mortgages for the fry guy at McdonaldsIan Watt video blogs about the announcement that lending in Canada is getting tougher and the banks are getting smarter, no more 40 year mortgages. If want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEsta... for all the Ian Watt Real Estate Video Blogs.

Channel: People & Blogs
Uploaded: July 11, 2008 at 5:20 am
Author: VancouverPenthouse

Length: 01:12
Rating: N/A
Views: 71

Tags: 40  blogs  Condo  estate  ian  mortgage  real  Vancouver  Video  Watt  Year  

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drew86 (July 11, 2008 at 4:09 pm)
I totally agree with u Ian. This is a smart move by Cdn banks, with the intention to prevent Cdns from ending up what the Americans are facing now, especially with most Cdns (especially Vancouverites) borrowing large sums in order to pay for the ever-rising price of owning a home.
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