Praise for Canadian Mortgage and Banking Practices
As the G20 summit approaches, the success of Canada’s economy is highlighted – a success due in large part to the stability of the Canada’s banking practices and a robust mortgage market.
Read moreCanadian Banks Grab Hold of Consumers
Canadian Banks Have Made it Tougher for Consumers by Forcing Them to Have a Credit Check if the Decide to Switch Banks at the End of a Term. Staunch new mortgage rules may put some consumers in a sticky situation if they are hoping to switch banks.
Read moreWells Fargo Calling it a Day in Canada
Wells Fargo Closing its 130 Outlets in It Withdraws Consumer Lending in Canada. Wells Fargo Financial Corporation Canada announced that it is closing its outlets across Canada and will cease making customer loans, maintaining only existing real estate, consumer and auto loan accounts.
Read moreG20 Ministers Watchful of Banks
G20 Ministers Focus on Keeping Banks From Making Risky Choices. Finance Minister says G20 ministers need to focus on keeping banks from making the risky choices that triggered global recession.
Read moreThinking of Switching Your Mortgage to a New Bank?
If You Are Thinking of Moving Your Mortgage to a New Bank, You May Want to Talk to a Mortgage Specialist.
Read more40% of Canadians in the Market for Hybrid Mortgages
Over 40% of Canadians Looking for a Mortgage are Researching Hybrid Mortgages. Choosing between a variable rate mortgage and fixed rate mortgage can become a complex issue for many homeowners.
Read moreUS Economic Future Looking Brighter
The New Federal Reserve Forecast Predicts the US Economy to Grow 3.7% This Year. According to the U.S. Federal Reserve Board’s latest meeting minutes, the forecast also includes a dip in the unemployment rate.
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