Quote:
Originally Posted by bomber317
I believe it should not until you need to renew your mortgage. If you have a 35 year amortization term, probably would have to recalc it to 25 years when you renew.
Not sure what they would do about the higher deposit if your equity hasn't reach the x% of your mortgage value.
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I doubt that. I bet they grandfather all existing mortgages like when they decreased the maximum from 40 years to 35