Housing market

RBC boosts mortgage rates Fallback Image Decorative pattern

Industry

RBC boosts mortgage rates

RBC is increasing several of its residential mortgage rates, including fixed posted rates as well as special offer rates.

By Staff, with files from The Canadian Press |August 22, 2013

2 min read

Fewer Americans applying for mortgages, refinancing Fallback Image Decorative pattern

Economic Indicators

Fewer Americans applying for mortgages, refinancing

Mortgage applications have decreased for two straight weeks, finds the U.S. Mortgage Bankers Association.

By Staff |August 21, 2013

1 min read

Home sales steady in July, CMHC lowers housing starts estimate Fallback Image Decorative pattern

Economic Indicators

Home sales steady in July, CMHC lowers housing starts estimate

National home sales were little changed on a month-over-month basis in July 2013. According to statistics released today by The Canadian Real Estate Association (CREA).

By Staff, with files from The Canadian Press |August 15, 2013

1 min read

Invest in U.S. banks Fallback Image Decorative pattern

Industry

Invest in U.S. banks

Investors should short Canadian banks and invest in U.S. financial institutions, says BCA Research.

August 14, 2013

1 min read