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Laurentian Bank Lowers Mortgage Rates \| Canadian Mortgage Rate

Laurentian Bank Lowers Mortgage Rates | Canadian Mortgage Rate

This is a discussion on Laurentian Bank Lowers Mortgage Rates | Canadian Mortgage Rate within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Laurentian Bank changed their bmortgage/b rates which are effective November 27, 2008. More... (Source: Google Blog Search) ...

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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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12-02-2008, 07:21 PM

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Laurentian Bank Lowers Mortgage Rates | Canadian Mortgage Rate ...

Laurentian Bank changed their bmortgage/b rates which are effective November 27, 2008.

More...

(Source: Google Blog Search)

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bank, canadian, laurentian, lowers, mortgage, rate, rates

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