Canadian Private Lenders’ Podcast
The #1 Podcast on Private Mortgage Lending in Canada. Ryan MacNeil and Neal Andreino of Keystone Capital Group outline their private mortgage lending experience and help you grow your mortgage business, while focusing on the importance of the growing Canadian Mortgage Broker channel.
Canadian Private Lenders’ Podcast
Ep.110 | 50-Year Mortgages: Affordability Fix or Future Crisis?
In Episode 110 of the Canadian Private Lenders Podcast, Ryan and Neal break in their brand-new studio with a deep dive into one of the hottest topics circulating in the real estate and lending world: the rise of 50-year mortgages in the United States.
The hosts unpack what a 50-year mortgage actually looks like, who benefits, why the U.S. is considering them, and whether Canada would ever dare to follow. Along the way, they explore current housing forecasts, affordability breakdowns across Canada, private-lending implications, and the macroeconomic mechanics behind debt-driven asset growth.
If you’re a mortgage broker, lender, real estate professional, or investor, this episode offers a grounded, honest analysis of the policies shaping the future of housing.
00:00 – What is a 50-year mortgage?
00:26 – New studio intro
01:08 – Back to in-person episodes
01:43 – Remax 2026 housing rebound headline
04:38 – Introducing today’s topic: 50-year mortgages
05:12 – U.S. vs Canada mortgage structures
07:40 – Mechanics of 50-year amortization
08:20 – Interest costs & debt misconceptions
09:39 – Asset value growth from extended amortizations
10:26 – Why the U.S. is considering this now
11:36 – Securitization & “Big Short” parallels
12:24 – Risks & criticisms
15:52 – Halifax wealth effect example
17:30 – Why Canada won’t adopt 50-year mortgages
18:28 – Securitization challenges in Canada
19:01 – Consumer debt culture
20:02 – Fragmented Canadian housing markets
21:00 – Discussion on 40-year amortizations
24:42 – Opportunity during corrections
25:20 – Borrower affordability vs long-term wealth
26:00 – Investors using long AMs indirectly
27:00 – Income growth, zoning & structural differences
29:04 – Private lending impacts if U.S. adopts 50-year mortgages
30:16 – Canadian ALT market outlook
31:32 – Lending risk during corrections
32:40 – Final takeaway: Canada unlikely to adopt 50-year AMs
33:40 – Wrap-up & studio shoutout
34:37 – Sign-off & disclaimers
Resources:
Keystone Capital Group
CPLP Instagram: @cplpodcast
Keystone Instagram: @keycapgroup
Find Neal On:
Instagram: @neal.andreino
LinkedIn: Neal Andreino
Find Ryan on:
LinkedIn: Ryan MacNeil
E-mail: ryan@keycap.ca