RBC Drops the rate for Secured Lines
Canada’s largest bank, Royal Bank of Canada, took up the lead recently and significantly lowered the interest rates on home equity credit lines.
Read moreCanadian Tire Says Good-Bye to Mortgages
Canadian Tire Financial Services announced recently that they would be saying farewell to their Mortgage Department.
Read moreWhat can a Mortgage Broker do for you?
When reading your local real estate papers, you will have come across ads for mortgage brokers.
Read moreHome renovations: Where to start?
The beauty of a new home is that you can basically turn the key in the lock, walk in, and start living in the house.
Read moreLow Borrowing Rates Mean Higher Debts
A recent report by CIBC said that Canadian households have increased their debt loads in the first six months of the year by $44 billion. We have lower interest rates to thank for that.
Read moreUp, Up and Away Goes the Loonie
Canadians are once again mystified the Canadian dollar could be trading for 94 cents US. How is this possible? The truth is, it’s not so much Canada being stronger, it’s other countries, the United States in particular, hitting a weak spell.
Read moreCanadian ABM Turns the Big 4-0
Are we really closing in on forty years of automated bank machines? Yes, we are. On December 1, 1969, CIBC brought forth the first Canadian bank machine.
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