Mortgage 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
More Stories
Canadian federal budget
Federal Budget Doesn’t Rock the Canadian Housing Boat
Copy link