Mortgages

Sep 5 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #amortization #table

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Aug 17 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #calculate #a #mortgage #payment

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Aug 6 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #bank #rate #mortgage

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Jun 24 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #amortization #formula

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

May 15 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #adjustable #rate #mortgage #calculator

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Apr 26 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #private #mortgage

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Apr 13 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #calculate #home #loan

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Apr 5 2017

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #upside #down #mortgage

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Nov 6 2016

Canada – s big banks cut prime rate after BoC move – The Globe and Mail #mortgage #calculator #free

#prime interest rate today # Canada s big banks cut prime rate after BoC move Add to. Canada’s big banks followed the Bank of Canada’s interest rate cut, lowering their prime lending rates in a series of moves that nonetheless reinforce the reluctance of lenders to follow the central bank in lockstep. Toronto-Dominion Bank initially decreased its prime rate – the benchmark for creditworthy borrowers – to 2.75 per cent, down 0.10 percentage points. Royal Bank of Canada, Bank of Montreal, Bank of Nova Scotia and Canadian Imperial Bank of Commerce responded on Wednesday evening, reducing theirs by 0.15 points …

Sep 19 2016

canadian mortgage rates

#BoC rate cut no – game changer – for housing market OTTAWA – TD Bank says the Bank of Canada’s latest decision to cut its key interest rate will not be a “game changer” for the country’s housing market. Some have raised concerns about what the interest rate cut by the central bank could mean for an already hot housing market. TD said Friday the central bank’s decision resulted in a small move lower for variable rate mortgages, but added the posted five-year fixed rate is the most important factor for the housing market. “It is the rate that borrowers …

Sep 19 2016

prime interest rate today

#Canada – s big banks cut prime lending rate to %, failing to match BoC move Canada s big banks cut prime lending rate to 2.85%, failing to match BoC move Garry Marr and Barbara Shecter Tuesday, Jan. 27, 2015 Rob McLister, founder of ratespy.com, said this is the first time on record – dating back to 1951 – that the prime rate has changed by less than one-quarter of a percentage point. Brent Lewin/Bloomberg Royal Bank of Canada became the first major bank to cut its prime lending rate following a Bank of Canada decision last week to lower the …