Canada Mortgage Rule Changes 2011
December 1, 2011 by
Filed under home equity
www.teammcneil.com – The Federal goverment announced today that it was going to introduce some new rules to help reduces Canadians household debt. Here are the mortgage rules that Minister Jim Flaherty unveiled Maximum Mortgage amoritization will be reduced from 35 years to 30 years The maximum amount that a borrow can refinance their mortgages wil [...]
New Fed rule would refund some mortgage fees
September 15, 2010 by
Filed under home equity loan rates
New Fed rule would refund some mortgage fees The Federal Reserve has proposed a rule that would give consumers the right to cancel mortgage applications within three days and get refunds of fees. Under the proposal, consumers could apply with two or more lenders, pay various fees, then cancel all but one application and get [...]
New rule would refund some mortgage fees
August 31, 2010 by
Filed under home equity rates
New rule would refund some mortgage fees The Fed may give consumers the right to cancel mortgage applications and get fee refunds. Read more on Bankrate.com via Yahoo! Finance