50 Year Mortgages in Canada?

Canada’s real estate industry is piggybacking off Donald Trump’s idea for 50-year mortgages. After Trump floated the plan in the U.S., Canadian mortgage brokers and realtors quickly jumped on board, calling for the same thing to “help” with housing affordability. But stretching your mortgage to half a century doesn’t fix the problem—it just means you’ll be paying much longer. In this video, we look at Trump’s proposal, how Canada’s version would be far riskier, and who actually benefits from these 50-year loans. #canadianrealestate #50YearMortgage #canadarealestate Links: Canada should 'Boost' Mortgage Terms Longer, similar to the U.S. : https://www.youtube.com/watch?v=abTyBqHi5lI Bloomberg Television: https://www.youtube.com/@markets Trump Defends 50-Year Mortgage Plan, Calling It ‘Not a Big Deal’: https://www.bloomberg.com/news/articles/2025-11-11/trump-defends-50-year-mortgage-plan-calling-it-not-a-big-deal Canadian housing market 'sluggish' despite change to mortgage loan rules: https://www.bnnbloomberg.ca/video/shows/morning-markets/2024/10/10/canadian-housing-market-sluggish-despite-change-to-mortgage-loan-rules/ Canadian Home Sales Mark Four-Year High for the Month of September: https://creastats.crea.ca/en-CA/ 50-year mortgage: Housing director calls Trump’s idea ‘complete game changer’: https://www.livenowfox.com/news/50-year-mortgage-trump-what-is-assumable-rates The math behind Trump’s 50-year mortgage gambit: Lower payments now, but almost double the long-term costs: https://finance.yahoo.com/news/the-math-behind-trumps-50-year-mortgage-gambit-lower-payments-now-but-almost-double-the-long-term-costs-204039206.html Would a 50-year mortgage in the US actually work?: https://www.mpamag.com/us/mortgage-industry/industry-trends/would-a-50-year-mortgage-in-the-us-actually-work/556020 The Role of Securitization in Mortgage Lending: https://www.chicagofed.org/publications/chicago-fed-letter/2007/november-244 Why Canada Doesn't Have 30-Year Fixed Rates Like the US: https://www.deeded.ca/blog/why-canada-doesnt-have-30-year-fixed-rates-like-the-us Bank of Canada plans to keep interest rate near zero until 2023: https://www.cbc.ca/news/canada/bank-of-canada-rate-decision-1.5779813 CMHC mortgage loan insurance explained: coverage, premiums and down payments: https://www.cmhc-schl.gc.ca/observer/2025/cmhc-mortgage-loan-insurance-explained Fox star trashes Trump’s 50-year mortgage plan: ‘I do not like this idea’: https://www.independent.co.uk/news/world/americas/us-politics/fox-charles-payne-trump-50-year-mortgage-b2862482.html The Impact of Macroprudential Housing Finance Tools in Canada: 2005-201: https://www.centralbank.ie/docs/default-source/financial-system/financial-stability/events/february-2017/evaluating-the-effectiveness-of-macroprudential-policies/the-impact-of-macroprudential-housing-finance-tools-in-canada-2005-2010.pdf?sfvrsn=6050a41d_6 Mortgage Rule Changes to Add Fuel to Canadian Housing Recovery: https://economics.td.com/ca-mortgage-rule-changes Trump administration summons ‘national security’ to justify tariffs: https://www.fraserinstitute.org/commentary/trump-administration-summons-national-security-justify-tariffs The impact of macroprudential housing finance tools in Canada: https://www.bis.org/publ/work632.pdf  Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice