Some of the new RBC bank fees, which were slated to launch in June, will be reversed, the lender announced today. The bank changed its stance on fees due to intense consumer backlash regarding “pay to pay” charges. Here’s what consumers should know.
This week on MoneyWise, we’re all about moving on up – what changes can you make to your home, finances and savings to get ahead this spring? Read on for this week’s lineup!
Are you a savvy home buyer… Or do you have your head in the sand? Despite the gravity Canadians place on home ownership (92% felt it’s an important life milestone in our recent survey), a surprisingly large number of us are still unclear on the home buying process.
Well… those record lows couldn’t stick around forever. Fixed mortgage rates may be in for a small hike this month as bond yields rise, according to our expert Mortgage Rate Outlook Panel. Read on for their full monthly forecast.
Feel like you have less cash this month? You’re not alone – spending tends to heat up during the warm weather days – Canadians are out of hibernation and we’re ready to shop. Between hitting retailers, the open road and the open houses, it can be easy to go over budget as temperatures rise.
What do Canadians want from their banks? Convenience, transparency, and a lack of fees top consumer wishlists – but it doesn’t appear all lenders are listening. Account fees are slated to rise at the big 5 FIs over the coming weeks, meaning you’ll pay more to access your cash. Meanwhile, confusion persists for credit card …
Attention Canadian banking customers – you could find yourself paying higher fees to use your chequing and savings accounts. Each of the nation’s “Big Five” banks have hiked their banking fees, or are set to over the coming weeks. Here’s what you need to know.
It’s been a week of change for your finances, from new savings options announced in the government’s budget to a wave of price reductions for auto insurance customers. Will your piggy bank come out on top? Read on to see how these updates will affect your bottom line. INFOGRAPHIC: The Perfect Pro – Your Guide …
Great news for Ontario drivers – lower pricing was rolled out across the province last week by auto insurers, according to the quarterly rate report released by the Financial Services Commission of Ontario (FSCO)