Four Banks Change Mortgage Rates

CANADA - Scotiabank, CIBC, TD Canada Trust, and RBC Royal Bank have made moves to change their residential mortgage interest rates.

New rates for Canada Trust and Royal Bank were effective on Friday, June 25th, while those at Scotiabank and CIBC are effective as of Saturday, June 26th.

The new rates for TD Canada trust are as follows:

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Financial Literacy Project for Canadian Homebuyers Launched

CAAMP Foundation and Credit Canada join forces to promote mortgage industry knowledge

CANADA - A new gateway to financial literacy for Canadians has been opened thanks to a joint agreement between the CAAMP Foundation, the charitable arm of

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RBC Offers New Mortgage Option for Canadians

Rate cap feature protects homeowners from rising prime rates.

CANADA - One of the biggest decisions facing Canadian homeowners is choosing between a fixed or variable-rate mortgage. RBC has re-introduced a third option, called

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TD Canada Trust Green Mortgages Now Feature Rebates For Solar Panels

In time for Earth Day®, TD Canada Trust is expanding its Green Mortgage rebate to include solar panels on homes.

CANADA - "We're thrilled to celebrate Earth Day® by adding Canadian Standards Association (CSA) approved solar panels to our list of eligible products for the Green

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Don't Take a "Double Bogey" on Your Mortgage

BMO only Major Canadian bank offering a five-year fixed rate mortgage below 4%

CANADA - BMO Bank of Montreal, the only major Canadian bank to offer a five-year low-rate fixed closed mortgage below four per cent, today urged Canadians to look at the leader board when it comes to mortgage rates.

"A recent survey revealed that 71 per cent of current and future homeowners think house prices are too high. Not only that, 15 per cent of Canadians reported being caught

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