What you need to know about Toronto’s new land transfer tax.
84% of Canadian baby boomers surveyed are not scared of buying real estate, despite the subprime crisis, says Mortgage Intelligence.
MyNext Mortgage has a somewhat unique business model. They use all 3 major mortgage insurers to increase a client’s probability of approval. Deals go to the insurer with the best terms at the time.
National Bank is supposedly launching a new readvanceable mortgage in 2008 that automatically increases your line of credit as you pay down principle.
Stock in Xceed Mortgage is up 58% from it’s lows. The subprime lender just bagged $300 million in new financing. It should be “sufficient to meet Xceed’s funding requirements until market liquidity is restored,” says its CEO.