You spend a lot of cash when you buy a home. The down payment for your mortgage is only one expense. There are other outlays: appraisal, inspection, deposit, cash reserves and more. The costs add up."How ...
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Calculate the money you need to buy a home
Posted by mortgage 15 days ago (Editorial)Where The Smart Money Goes: RBC Poll shows twice as many Canadians opting for a fixed-rate mortgage
Posted by mortgage 28 days ago (Editorial)
Where The Smart Money Goes: RBC Poll shows twice as many Canadians opting for a fixed-rate mortgage
Video: Capturing the non-prime mortgage in Canada
Posted by mortgage 29 days ago (Editorial)
Home Capital, the Toronto-based mortgage lender, is targeting the $200-billion non-prime mortgage market in Canada. BNN interviews Martin Reid, president at Home Capital, discusses the risks and opportunities in the nonprime mortgage market
Home Capital Wins Mortgages as Canada Banks Retreat
Posted by mortgage 33 days ago (Editorial)
Home Capital Group Inc. (HCG) said it?s capturing mortgage business from Canadian lenders including Toronto-Dominion Bank and Canadian Imperial Bank of Commerce that are retreating from the C$200 billion ($201 billion) nonprime market amid signs of a housing downturn.
Money Crunch: Confusion over home mortgage modification persists
Posted by mortgage 41 days ago (Editorial)
A Chase Bank customer service agent called Steven Vogler to deliver the "good" news: After previously being denied, his application for a mortgage modification had finally been approved.
4 money mistakes of first-time homebuyers
Posted by mortgage 43 days ago (Editorial)
4 big money mistakes of first-time homebuyers 1 of 6 First-time homebuyers almost always make a few mistakes when buying their home. Perhaps they pay too much, choose the wrong type of mortgage or neglect ...
Malaysia moves to avoid property bubble
Posted by mortgage 49 days ago (Editorial)
KUALA LUMPUR: Malaysia is taking "strict measures" to avoid a US-style subprime mortgage lending crisis, after reporting an average 6.6 per cent jump in home prices in the fourth quarter of last year, an official says.
Goldman raising money for new home-loan fund
Posted by mortgage 53 days ago (Editorial)
Bloomberg News - (Bloomberg) - Goldman Sachs Group Inc., which survived the subprime mortgage crisis by making bets on a housing decline, is raising money for a new fund that will buy home-loan bonds to benefit from an improving real estate market. The U.S. Housing Recovery Fund is expected to finish its first round of capital raising and open April 1, according to a marketing document obtained .
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