Should you use home equity to purchase a second home? - 2004-03-25
Second homes aren't only for wealthy people. They have become mainstream, whether they're utilized for vacations or for rental income.

So if you have a lot of equity in your primary residence and you want to buy a vacation home, it might make sense to refinance the mortgage on the primary home for more than the current loan balance. That's called a "cash-out refi" because you borrow more than the current balance, pay off the current loan and get the remainder in cash.
Read the full story at Bankrate.com

ING DIRECT decreases mortgage rates again - 2004-03-25
ING DIRECT revealed today it is once again
dropping interest rates on all of its fixed rate mortgages. Every one of ING DIRECT's mortgages is now at their lowest rate in the bank's history.

Effective Thursday March 25th, current rates are:

1 year fixed mortgage 3.10%
3 year fixed mortgage 3.79%
5 year fixed mortgage 4.39%
10 year fixed mortgage 5.24%
5 year variable rate mortgage Prime less 0.6% for the full
Read the full story at Canada NewsWire