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The Canadian Mortgage and Housing Corporation (CMHC) has reported in their latest report that that posted mortgage rates eased by about 50 basis points in the first four months of this year, although rates in late April were 30 to 35 basis points higher than they were 12 months prior. Mortgage ra...
08/06/2008
Interesting article on Bloomberg about the private mortgage insurers such as AIG and PMI and how they're considering what to do in the wake of the government's decision to stop insuring 40 year and 0% deposit mortgages. The report highlights some interesting stats on the popularity of the longer ...
08/04/2008