		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Bank Of Canada To Buy More Mortgages

Bank Of Canada To Buy More Mortgages

This is a discussion on Bank Of Canada To Buy More Mortgages within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; The Government collects the funds to purchase the bmortgages/b by issuing bonds with an average rate of return today at ...

Google Ads Advertisement

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.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

11-14-2008, 02:01 AM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,892.35
How To Earn By Posting?

Bank Of Canada To Buy More Mortgages

The Government collects the funds to purchase the bmortgages/b by issuing bonds with an average rate of return today at 2.7% and will buy the bmortgages/b that should yield a return of 3.78%. It certainly would be nice to have access to the b.../b

More...

(Source: Google Blog Search)

Tags

bank, buy, canada, mortgages

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Canada#39;s Bank Mortgage Purchases	Administrator	Mortgage Know-How	0	11-13-2008 11:59 AM
Bank of Canada releases Monetary Policy Report	Administrator	Mortgage Know-How	0	10-23-2008 08:26 PM
Bank of Canada keeps overnight rate target at 3 per cent	Administrator	Mortgage Know-How	0	06-10-2008 06:08 PM
Bank of Canada releases Monetary Policy Report	Administrator	Mortgage Know-How	0	10-18-2007 06:02 PM
Bank of Canada keeps target for the overnight rate at 4 1/2 per cent	Administrator	Mortgage Know-How	0	10-17-2007 12:23 PM

Bookmark this thread

Share |

« No Closing Cost Mortgage - Tampa Home Mortgage - Bad Credit Home | Mortgage to Pay ? Dont Die Trying Posted By : Micheal Joness »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Discussion Bank Of Canada To Buy More Mortgages in printable format

All times are GMT. The time now is 09:14 AM.

Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive