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Srivindhya Kolluru: Struggling with mortgage payments? Stretching the term can help — but it will cost you Here are the numbers

While lengthening your amortization period is one way to ease the burden of mounting housing costs, it should only be a temporary solution.

Srivindhya Kolluru: Struggling with mortgage payments? Stretching the term can help — but it will cost you Here are the numbers

While lengthening your amortization period is one way to ease the burden of mounting housing costs, it should only be a temporary solution.

Srivindhya Kolluru: Struggling with mortgage payments? Stretching the term can help — but it will cost you Here are the numbers

While lengthening your amortization period is one way to ease the burden of mounting housing costs, it should only be a temporary solution.

Srivindhya Kolluru: Struggling with mortgage payments? Stretching the term can help — but it will cost you Here are the numbers

In a move that will put the squeeze on households alreadystruggling to pay their bills, the Bank of Canada last week hiked its key lending rate by a quarter point,

Stretching your mortgage term can help — at a price Here are the numbers

While lengthening your amortization period is one way to ease the burden of mounting housing costs, it should only be a temporary solution.

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