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Read latest mortgage news and updates from best industry resources.
27 Jan

Big 5 Banks Failed to Match Bank of Canada 0.25% Rate Cut

As pressure mounted on Big 5 Banks in Canada to lower their prime, following a rate cut by the Bank of Canada by a quarter of a percent, Royal Bank cut their prime by only 0.15% with others quickly following the move.

by Farid Najafov Back to list

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Big 5 Banks Failed to Match Bank of Canada 0.25% Rate Cut As pressure mounted on Big 5 Banks in Canada to lower their prime, following a rate cut by the Bank of Canada by a quarter of a percent, Royal Bank cut their prime by only 0...

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