I just received a call from Alterna Bank who I transferred my mortgage to from BMO a year ago.
They said that BMO discharged my mortgage instead of transferring it and they want us to sign new documents to "protect us".
I'm thinking this is to protect them, not us.
Is there any reason...
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Like many of you, I'm against buying a house in the Vancouver region at this time. However, a friend of mine and his new wife is hell bent on getting into the housing market and no amount of persuasion is going to change their minds. They're in their late 30's, $100,000 total income before...