TD is the latest bank to unveil a round of higher banking fees – hardly the news consumers, who are already squeezed by the lower loonie, want to hear. Fed up with rising fees? Sean Cooper shares his tips for fighting back.
RBC has announced it is hiking rates for fixed and variable mortgages, to go into effect this Friday. How will consumers be impacted? And why are rates rising now, when they should be technically lower?
Canada’s big five banks know fintech has the power to change the banking landscape forever – which is why they’re pouring investment into tech of their own. Here’s a breakdown of what each bank is doing to make their mark on the growing Canadian fintech landscape.
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.
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.
Canada’s banks have finally responded to the Bank of Canada’s Overnight Lending Rate cut, with a 15 basis point discount to their Prime rates. Could more cuts be on the way? Read on to catch up on this week’s biggest Housing Headlines.
RBC is the latest lender to hike their fixed mortgage rates by 20 to 30 basis points for both posted and discount offerings. Why are mortgage rates on the rise? Read on for a breakdown of factors affecting the market.
Royal Bank of Canada announced today that it is further expanding into the auto financing sector through the acquisition of Ally Bank’s car financing business division.
The province you reside in can make a big difference when it comes to buying a home. A Housing Trends and Affordability report by RBC sheds more light on on what potential buyers and current homeowners can afford, based on their income, mortgage payments and property taxes.
Could the market be due for a 25 per cent crash? Today’s report by Capital Economics certainly points to that direction. Released just a day after RBC’s statement that Toronto – one of Canada’s biggest markets – is not in a bubble, today’s statement has economists and home buyers alike wondering: what’s in store for home prices?