Misc. Mortgage Factoids

  • Canadians receive an average of 2.2 rate quotes when purchasing a mortgage. (Source:  CIMBL)
  • Royal Bank’s mortgage business is up 12% year-over-year, while their provision for bad loans is at a 3-year high.(Source:  Bloomberg)
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rbc says mortgage regulation needed to control house prices
The Latest in Mortgage News: OSFI to Re-launch Review of the Uninsured Stress Test
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