B.C. Real Estate Association forecasts lower mortgage rates. – The cost of borrowing for a home is predicted to get a little cheaper this year. That’s according to the latest mortgage rate forecast from the B.C. Real Estate Association.
Regulatory overkill cited as housing outlook goes negative – “Staff analysis suggest that the combined effect of tighter mortgage guidelines and higher interest rates has been larger than previously. the Real Estate Board of Greater Vancouver reported. “The.
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. effect of increasing the charge on arrears higher than the mortgage rate which would apply if the borrower was in good standing. The appeal court referred to an earlier British Columbia court.
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Reverse mortgage: Is this the solution if you retire cash-poor? – Equitable Bank became a second option for retirees looking for a reverse mortgage in January when it announced its PATH Home Plan, which is available through mortgage brokers in Alberta, British.
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