I was just driving by when I saw this. Please don’t ask for the details. If you drive with your eyes open then you may…
Blog Archives
Balance Sheet of Lenders – BMO
BMO and Scotia both so far reported strong results for the third quarter 2012. Bank of Montreal was of our particular interest as it waged…
RBC on Housing Affordability
Following are the notable points from RBCs latest Canadian housing affordibility report. Affordibility for detached bungalows and two-storey homes eroded whereas for the condominium apartments)…
Canadian Banks Need To Work Harder To Satisfy Customers
For almost quarter of a century Ipsos has been performing this market survey every quarter. The survey – dubbed 2012 Best Banking Awards in Canada…
The Bright Side of Mortgage Brokering Business
Last time in Ontario a lot of brokers did not bother to renew their licenses as the business is not very attractive for many. Despite…
TD Bank updates proof of downpayment requirements
In a recent communication TD has updated it documentation requirements for down payments. If a down payment comes from an inheritance settlement, insurance settlement or…
B2B Bank lunches new products via mortgage broker channel
B2B bank is a Schedule I Canadian bank. It is also a wholly owned subsidiary of Laurentian Bank of Canada. They together have a sound…
Rate Outlook
BMO said that Bank of Canada will not make a move till July 2013. Bank of Canada Overnight Lending Rate directly influences the lenders prime…
Aftermath of rate regulation or just basics
Mortgage default insurance regulation has changed. This may or may not affect some borrowers. Few border-line borrowers will be affected. Some rich buyers may not…
Tagged with: Bond, Debt, Finance, Inflation
Posted in BOC, Bond Yield, Debt, Inflation, Inflation Rate, International
Posted in BOC, Bond Yield, Debt, Inflation, Inflation Rate, International
Are we actually going to be debt free?
When we pay off our debt then it makes us sleep better at night. We plan aggressively to pay any debt we owe. BMO Household…
