RBC Royal Bank unveils vacation home mortgage - 2004-03-04
RBC Royal Bank has unveiled a vacation home mortgage that allows up to 90% financing. This new mortgage does not require purchasers to use their primary residence as equity.

"Canadians have been carrying on a love affair with cabins, cottages and other recreational properties since Confederation," stated Scott Brown, VP, mortgages, RBC Royal Bank.
Read the full story at Investment Executive

House prices climb by 1.6% - 2004-03-04
UK house prices have displayed no signs of cooling, despite two interest rate hikes by the Bank of England.

Halifax, the UK's biggest mortgage lender, said yesterday the year-on-year rise in house prices stood at 17.8%, up from 16% in January, and 15.4% in December.
Read the full story at Glasgow Herald