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Is Savings and Investments Part of the Solution or Part of the Problem? Over the last few months there seems to be a growing awareness that the world economy has come up against an invisible wall.
NEW YORK — A trade group says mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments.
TORONTO, ONTARIO–(Marketwire – 09/01/10) – BMO announced today it is decreasing its popular five-year low rate mortgage from 3.79 per cent to 3.59 per cent(i) effective September 2, 2010. The move will provide home buyers just the incentive they need to kick-start the fall house-hunting season with a renewed fervour. “It’s a great time to buy a home,” said Martin Nel, Vice President, Lending …
Bankers are seeing an influx of applications for mortgage refinancing as area homeowners jump to take advantage of record-low interest rates.
