This is extremely disturbing . . . ‘Infinity mortgages’ have arrived that stretch far beyond 50 years.

https://www.thestar.com/business/infinity-mortgages-have-arrived-that-stretch-far-beyond-50-years-they-ll-help-avoid-defaults/article_c55d09bc-d5c1-5c87-81cd-246b9cb5e725.html ‘First-time homebuyer Sarah bought her house with her husband back in 2020. They also used a variable-rate mortgage with fixed payments, so the amortization would automatically extend as rates rise. At first, it looked like a wise choice. But …

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