Quebec’s finance minister cautions Jim Flaherty on the consequences of pan-Canadian policies
Regulator maintains that syndicated mortgages are securities; reps must put this business through their fund dealers
Rating agency says Canadian housing market and mortgage balances will begin to plateau over the next one to two years
Rising mortgage rates will be the next challenge
Royal Bank of Canada (TSX:RY) is boosting some of its home mortgage rates for the third time since the beginning of June. The increases will range from one-tenth to three-tenths of a point, depending on the type of mortgage, and will come into effect on Tuesday. Royal Bank says its special discounted four-, five-, seven-, […]
Rates rise at Scotia, RBC and TD
Increases will range from 10 to 20 basis points
Alleged Alberta-based mortgage fraud cost the bank about $30 million
Approval broaden mortgage lender’s sources of liquidity
Reviews of bank mortgage lending portfolios get ‘reasonable results’, Dickson says