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The concept of a mortgaged home is illustrated by a dollar sign overlaid by a yellow house with a red chimney. As home values have declined in recent years, second mortgages have become less available to "underwater" homeowners.
Mortgage News Articles
Wealth Matters: Risky Home Loans Are Making a Comeback. Are They Right for You?
Mortgage lenders are again promoting more complicated loans, which offer benefits for wealthy borrowers but come with big drawbacks.
Paul Sullivan. New York Times. Fri, 14 Dec 2018 16:30:28 GMT.
Housing demand drops despite falling mortgage rates
CNBC's Diana Olick reports on the drop in housing demand despite falling mortgage rates.
CNBC. Thu, 13 Dec 2018 19:03 GMT.
Total number of new mortgages slumped in second quarter, says CMHC
Rising interest rates and slower income and population growth helped temper demand for new mortgages in the second quarter, according to Canada Mortgage Housing Corp.
Canadian Broadcasting Corporation. Wed, 12 Dec 2018 15:17:15 EST.
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