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News about Mortgages:
Among the 4,000 words... - Globe and MailIn rummaging through the Throne Speech for anything that's remotely newsy - again, this is a non-specific complaint regarding all Throne Speeches, not just this one - the best I can find so far is this bit: "Many working-age Canadians are faced with ...
Housing slump deepens as prices drop most in 26 years - Globe and MailSilver Standard (America is a welfare queen superpower) from Canada writes: Well guys in a few years I will finally be able to afford a house. I remember earlier this year I was insulted on this forum for saying such a thing. Prices are going to fall ...
Car dealers plead for government help - Globe and MailK P from Newmarket, Canada writes: I look in my local paper and see photos of 14 salespeople at a local Newmarket GM Dealer. I look at that dealers lot and see it full of pick up trucks, SUVs and Vans. Why we should give money to help those ...
Homeowners' new reality: You're suddenly poorer - Globe and MailAdil Burney from Canada writes: For 2009, CREA is delusional. Suppose we end December 2008 at -9% YoY. To end up a -2% for the full year 2009, we would probably have to bottom in December 2008 and then get to a around 7% by late 2009. CREA is talking ...
Ottawa bows to banks to keep credit flowing - Globe and MailSilver Standard (Robert Menard Rules:)) from Canada writes: Well here we go guys, get your money out of paper. We are going to go down with the USA. We really don't need to do this, its criminal what they are going to do with or savings. All the ...
Toronto home sales, prices slump - Globe and MailThe slip into the abyss of the millerville housing market is a highly predictable event. First, that market has been glutted by unlimited and unrestrained construction of concrete coffin stacks (aka condominium) blocking the city's views for as far ...
Fearing worst, GM pleads for aid - Globe and MailHmm, last thread on this subject got replaced, but since the very first post is about the electric car, let me do a little copy 'n paste from that previous thread: Silver Standard (Used to be gold) from Canada writes: 'Who got rid of all this ...
Coming Soon: SR to Release E-mail Exchanges ... (Not so fast...) - Spokane Spokesman-ReviewUpdate: After reviewing the messages and our options (none good), we've decided not to post the messages. Here's the situation: Of the 50 messages, a few have explicit photos embedded in the message. We can't publish those photos (one shows a toddler ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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