CMT Team·General·June 24, 2007Mortgage Bytes Mortgage rates declined this week for the first time in three months, but it may be short-lived. CTV Story Laurentian Bank launched two new mortgages: a 7% cash back mortgage and an adjustable rate product tied to their 6-month mortgage rate. The U.S. Federal Reserve may impose new restrictions on “liar loans” (a.k.a. “no doc” mortgages) that allow people to get mortgages without proving income. Canadian Business Story Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.