Finance Ministry Studies Tax Breaks for 'Reverse Mortgage' - 2004-02-16
The finance ministry is mulling the option of offering tax breaks for houses used to take out so-called reverse mortgages, a government source revealed Monday.

The insider said the measures are being looked at after commercial banks said it is not feasible to introduce such plans without further incentives.
Read the full story at Yonhap News

Bank of Nova Scotia to lower mortgage rates - 2004-02-16
The Bank of Nova Scotia has modified the interest rates charged on Scotia Mortgage conventional and NHA residential mortgages. The new rates are effective Feb. 17, 2004:

three-year closed decreases 0.10 per cent to 5.20 per cent;

four-year closed decreases 0.15 per cent to 5.60 per cent;

five-year closed decreases 0.20 per cent to 5.80 per cent; and

All other mortgage rates remain unchanged.
Read the full story at Stockwatch