Canadian Banks Call Truce in Easy-Money Mortgage Battle

By
Real Estate Agent with Re/Max First

changes in mortgage loansCanada's mortgage party has come to an abrupt halt, reports Grant Robertson with The Globe and Mail.

The bonanza of dirt-cheap mortgages offered by some of the country’s biggest lenders in recent weeks has been shut down sooner than expected, as banks pull their offers in the face of higher funding costs and concerns over dwindling profit margins.

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Topic:
Lending / Financial
Location:
Alberta Alberta
Groups:
Canada has Arrived!!
Tags:
ryan macdonald
sheri macdonald
calgary home team
cheap mortgage
totontodominion bank
bank of montreal
ottawa
royal bank of canada

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