| 18.01.2012 - Canada bubble seen as IMF risk with record low rates: Mortgages |
| 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 |