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Canada Mortgage and Housing Corporation: Vancouver Housing Starts

Canada Mortgage and Housing Corporation: Vancouver Housing Starts

This is a discussion on Canada Mortgage and Housing Corporation: Vancouver Housing Starts within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; 8, 2008) - The seasonally adjusted annual rate(1) of housing starts was 11900 units in November, down from 21600 units ...

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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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12-08-2008, 09:30 PM

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Canada Mortgage and Housing Corporation: Vancouver Housing Starts ...

8, 2008) - The seasonally adjusted annual rate(1) of housing starts was 11900 units in November, down from 21600 units in October, according to Canada Mortgage and Housing Corporation (CMHC). "The decrease in November housing starts can b.../b

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canada, corporation, housing, mortgage, starts, vancouver

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