Tag: housing
Real Estate Investnment Trust
A REIT offers you investment options in real estate through property or mortgages. It often trades on major stock exchange platforms. REITs provide investors...
Rate-Improvement Mortgage
What is a Rate-Improvement Mortgage
A rate-improvement mortgage is a type of home loan that offers a lower interest rate than the standard fixed-rate mortgage....
Real Estate Short Sale
What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate that generates proceeds that...
Savings And Loan Crisis (S&L)
What is the 'Savings And Loan Crisis - S&L' The Savings and Loan (S&L) Crisis began under the volatile interest rate climate...
Canadian Rollover Mortgage
Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...
Canadian Mortgage and Housing Corporation (CMHC)
What is CMHC and what do they do
The Canadian Mortgage and Housing Corporation (CMHC) is a Canadian Crown corporation that provides mortgage loan insurance,...
Canada Mortgage and Housing Corporation (CMHC)
Home Ownership by Country Canada Mortgage and Housing Corporation (CMHC) What is 'Canada Mortgage and Housing Corporation - CMHC' An organization sponsored...
Past Due
What does 'Past Due' mean
Past due is a loan payment that has not been made as of its due date. A borrower who is...
Parsonage Allowance
Did you know that you could receive a parsonage allowance? A parsonage allowance is a tax-free housing allowance given to ministers, priests, and rabbis....
Private Mortgage Insurance
What is Private Mortgage Insurance
Private mortgage insurance is insurance that protects a lender in the event that a borrower defaults on a conventional home...