Banks Information
The Canadian real estate market is one of the hottest in the world today. Despite the coronavirus pandemic affecting the G20 economy and leaving two million people out of work, the Canadian housing sector has been booming throughout the COVID-19 public health crisis. There have been many factors contributing to this impressive growth nation-wide: historically low interest rates, [&hellip…
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Rates are climbing for the first time in over a year, but bargains are still out there Author of the article:MoneyWiseJoseph Czikk Publishing date:Mar 16, 2021 Homebuyers and homeowners rushed to join the party when the COVID-19 crisis produced some of the cheapest mortgages Canadians had ever seen.Kia reveals its all-new EV6 electric crossover’s Dirt-cheap [&hellip…
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For the first time since the start of the COVID-19 pandemic, Canadian banks raised rates on fixed-rate mortgages. TD Bank (TD.TO), National Bank of Canada (NA.TO), HSBC (HSBC), Royal Bank (RY.TO), Scotiabank (BNS.TO), and BMO (BMO.TO) made moves in response to a rising yield on the Canada 5-year bond. Posted rates remain the same, but special [&hellip…
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