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Kevin Lau, a Toronto-based technology consultant, says he can’t wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home.
Lau, 28, plans to get another mortgage and refinance his C$160,000 ($157,000) home loan after Bank of Montreal, Toronto- Dominion Bank and Royal Bank of Canada (RY) cut borrowing costs last week………………………………………..Full Article: Source
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Real Estate Briefing - Categorized | Mortgage, Residential property Watch more
Canada bubble seen as IMF risk with record low rates: Mortgages
| Posted on 18 January 2012 |
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