12 September 2012

Investment commentary (September 2012)

AUGUST HIGHLIGHTS Global equity markets continued to rally, showing resilience in the face of ongoing economic concerns. Hopes grew (and were later answered) for policy and stimulus action to rescue fragile economies and lift investors’ confidence. Economic stimulus announcements from Federal Reserve Chairman, Ben Bernanke, and (early in September) China and European Central Bank (ECB) […]


11 September 2012
Category:
Mortgage&Loans

Collateral mortgages: Why banks like them

Collateral mortgages: Why banks like them[1] If you’re buying a house and are shopping for a mortgage this spring you may come across something called a collateral mortgage. This home financing tool has been around for a while, but mainly in the background. Now it’s going mainstream with both TD Bank and no-frills ING Direct […]


10 September 2012
Category:
Mortgage&Loans

Beware the pitfalls of collateral mortgages

Beware the pitfalls of collateral mortgages[1] When you apply for a mortgage, you usually just ask about the term, amount, interest rate and monthly payment. Not many people understand the difference between a conventional mortgage and a collateral mortgage. Yet many banks are now asking borrowers to sign collateral mortgages — and it could result […]