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Mortgage Refinancing in CanadaThis is a discussion on Mortgage Refinancing in Canada within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Today’s economic climate is beset by the unpredictable daily rise and fall of the stock markets, changing laws and regulations, ... |
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| Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower. |
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11-07-2008, 11:43 AM
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Mortgage Refinancing in Canada
Today’s economic climate is beset by the unpredictable daily rise and fall of the stock markets, changing laws and regulations, along with shifting interest rates and bond yields which directly impact bmortgage/b rates. b.../b
More... (Source: Google Blog Search) 
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| canada, mortgage, refinancing |
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