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Refinance Mortgage News

On Track To Independence

Saturday August 31, 1996
When Helen Coles' marriage broke down 18 years ago, her "new life" was a fairly daunting prospect. She was 34, had two young children and a huge mortgage on the family home. She was determined to survive, and naive enough not to see the full extent of her challenge. Today, buoyed by th

Buy New Unit For Tax Break

Saturday August 17, 1996
* I HAVE an investment unit which I have paid off. I have recently bought a house to live in and have a $190,000 mortgage. Can I refinance this mortgage so that the mortgage is on the unit, allowing me to negatively gear the loan? B H, Kareela When a loan is taken out, the interest paid is ded