The other big banks moved to increase their fixed mortgage rates effective today, October 14, 2009, following RBC’s mortgage rates increase last week. The fixed rate increases range from 0.10% – 0.35% while variable rates remained unchanged. The latest rates …
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If you’ve been shopping around for a mortgage lately, you might’ve noticed that some offers from the country’s biggest banks are looking especially attractive, the Globe and Mail reported today. Canadians have been handed a golden opportunity to snag mortgage …
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Canada’s big banks followed the Bank of Canada’s interest rate cut today by 0.25% by dropping their prime rates by the same 0.25% as well. The following banks announced lower prime rates, which will all be effective tomorrow, April 22, …
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Some of Canada’s big banks reacted to the Bank of Canada’s (BoC) 0.25% interest rate cut by dropping their Prime rates to 4.00% and this represented a cut of 0.25%-0.35% from their previous Prime rates. TD Canada Trust, Scotiabank, Bank …
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After yesterday’s coordinated move by global central banks to decrease interest rates by 0.50%, including the Bank of Canada, some of the big Canadian banks announced drops in their Prime Rates – but only by 0.25%. The big banks that …
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