Canadian Banks raise Concerns with Looser Lending Standards
Filed Under Main Content · Tagged: Canadian Banks, Equity Credit Lines, Home Equity Credit, Lenders, Mortgages, Vancouver Sun
The Vancouver Sun
Banks and other lenders are becoming "increasingly liberal" with mortgages and home-equity credit lines that don’t require individuals to prove their income See full story on this topic »
Baby Boomers still dealing with outstanding mortgages
Filed Under Main Content · Tagged: Baby Boomers, Bank Of Commerce, Canadian Imperial Bank, Canadian Imperial Bank Of Commerce, Imperial Bank Of Commerce, Mortgages, Respondents, Vancouver Sun
The Vancouver Sun
A survey done by the Canadian Imperial Bank of Commerce showed 46 percent of respondents ages 46 to 64 still had outstanding mortgages…See all stories on this topic »
Underwater mortgages rise as U.S. home prices fall – The Globe and Mail
Filed Under Main Content · Tagged: Globe And Mail, Globe Mail, Housing Market, Mortgages, Rose, U S Home
The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.
Underwater mortgages rise as U.S. home prices fall – The Globe and Mail
Metro Seattle homes weighed by negative equity
Filed Under Main Content · Tagged: Business Metro, Canada Business, Canada Homes, Marketplace, Metro Seattle, Mortgage, Mortgages, Negative Equity, Real Estate, Seattle Area, Seattle Homes, Single Family
The latest U.S. housing figures show that 34.3 per cent of all single-family homes in the Seattle area are negative equity mortgages where the home is worth less than the amount owing on the mortgage, according to Zillow.com, an online real estate database and marketplace.
