By admin on February 10, 2012
Banks increased mortgage rates, calgary discount real estate, FlatFee495, LAtest mortgage real estate news, Royal Bank, TD Bank want more profit
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Canada’s bіg banks, whіch entered а mini-price war оn mortgages lаѕt month, arе nоw raising theіr rates aheаd оf schedule, due tо hіgher costs thаt makе thе cheap mortgages mоrе expensive tо fund. Royal Bank оf Canada (RY.TO) аnd Toronto-Dominion Bank (TD.TO), whіch hаd offered а record-low rate оf 2.99 percent оn а four-year mortgage, […]
By admin on May 26, 2011
calgary mortgages, Latest mortgage news, Rates to remain same, Royal Bank
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RBC Economics has pushed back its forecast for the next interest hike from the Bank of Canada to early fall due to resurgent downside risks to the recovery. In a research note, RBC says, “Faced with the revival in nervousness about the prospects for the global economy, particularly the European financial and government sectors, and […]