Category: Bank

Penny

More borrowers could be at banks’ mercy

“Yes, B-20 has prevented some clients from shopping around, because it’s possible they may not qualify under the stress test, but there are option options out there for clients up for renewal, which might better suit their lifestyles,”

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Home Renovation

Canadian housing market to remain “stable and subdued”: BMO

“[The Canadian Real Estate Association] will release the full set of October housing market data [this week], and the overall picture will continue to look stable/subded,” writes Kavcic. “National sales are estimated to be down 6 percent year-over-year, slightly improved from September’s 8.9 percent year-over-year decline.”

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