The Canadian housing market may be cooling down and property values are rising but this does not mean that people are lining up the banks to get a mortgage on their homes. In fact, because of the stiff competition to get new business, banks are coming up with different strategies and gimmicks to lure in customers. TD Bank, for one, Read full article »
Tag archives for home loans
Obama’s HAMP: From Mortgage Relief To More Aggravation
With a reported 616,000 homeowners being bumped from the Obama administration’s flagship Home Affordable Modification Program (HAMP), the supposed mortgage-relief program is said to be doomed for failure. And analysts are trying to dissect where it went wrong. Brenda Reed, 64, from Lafayette is just one of the many who has pinned her hopes on HAMP. She said that the program Read full article »
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