Dire warnings sinking in for home buyers

Perhaps thanks to Mark Carney’s frequent prophecies of financial doom, more Canadians are leaning toward paying off their mortgages sooner rather than later.

A new BMO poll suggests more than half of us (56 per cent) think a shorter amortization period is a good thing, with those aged 35 to 44 the most enthusiastic about throwing their mortgage-burning parties ahead of schedule (77 per cent).

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