Does the Canadian dollar fluctuate overnight? I would assume it does since the Asian markets are open.?

August 27th, 2010 by Bank Loan | No Comments | Filed in News
asian market
by deen

Question by Shimon N: Does the Canadian dollar fluctuate overnight? I would assume it does since the Asian markets are open.?

Best answer:

Answer by I. B. Zoxx
Yes. Your assumption is correct.
All commodities fluctuate overnight. Between Tokyo, London, and New York, a market is open nearly all of the business day.

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canadian dollar fluctuate

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What is the process to assume a home loan?

July 10th, 2010 by Bank Loan | 3 Comments | Filed in Loans

Question by anon: What is the process to assume a home loan?
I am thinking about assuming someone’s homeloan who has paid on this loan for about 1 yr. I think it is in a place where the market for homes sell fairly quickly.

Best answer:

Answer by zuccasmom
make sure there is an assumable clause. I haven’t seen that type of loan since the 70′s.

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I need to find someone to assume my house loan. How do I get started?

July 10th, 2010 by Bank Loan | 6 Comments | Filed in Loans

Question by JosieE7: I need to find someone to assume my house loan. How do I get started?
I’m recently divorced and my oldest son just moved out. I don’t have the money to fix it up, but I want to find someone to Assume my loan. I did start removing wallpaper from the previous owners and I’m painting. But it’s a nice size house and I just need to get rid of it. It’s just me and my 16 year old and it’s too big and I’d rather spend the money I put towards the mortgage on me ane my kids. I just need some help badly and would rather have someone assume it rather than giving it back to the bank. Any suggestions?
My bank will let me do an assumable loan and there are papers that state that I will not be held liable once the new owners take possesion of the property. I don’t want to turn it over to the bank and file for bankruptcy.

Best answer:

Answer by badotisthecat
you could try to sell it and use the proceeds of sale to pay back the mortgage.

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