RBC pledges “no more outsourcing”
RBC may just have zapped some of the selling power of brokers, with the big bank now promising to never outsource Canadian jobs to foreign workers solely to save money.
Restrictions, not affordability, hurting Vancouver, says broker
According to a recent RBC Economics Research study, Vancouver remains the least affordable city in Canada to buy a home – something that isn’t stopping first-timers prepared to lower their expectations, says one broker.
Home ownership more affordable but channel sees little action
Despite improving home ownership affordability nationwide, the new lending realities have put less Canadians families under a new roof, according to brokers.
Eroded housing affordability tests Vancouver broker
Housing affordability concerns in the second quarter are helping explain a slower summer for brokers across much of the country, with an increasingly expensive Vancouver now at risk of a downturn, according to a new report.
There's still work to do
Canadian Mortgage Award recipient Brian Matthey says the industry has come a long way, but that it still needs to raise the bar to ensure the Canadian public sees brokers as professionals
RBC facing formal complaints from CAAMP members
At least two CAAMP members have moved to initiate formal complaints against RBC, alleging the mega bank violated no less than three rules set out in the association's code of conduct.
Housing more affordable into 2011: RBC
It’s becoming more affordable to own a home, according to the Royal Bank of Canada, but the high cost of ownership will continue to keep the market steady and contain price increases.
RBC decreases residential mortgage rates
RBC Royal Bank announced that it is decreasing its residential mortgage rates effective November 9, 2010.
WEB EXCLUSIVE: Is the Canadian consumer overextended with debt?
I grow weary of reading reports and surveys suggesting that consumer debt in Canada is a problem. Is it a problem or not? How do telephone surveys, which seem to occur daily, add to a situation that should be looked at from a numbers perspective?
Canada's major banks reduce mortgage rates again
Five of Canada's major banks reduced many of their posted mortgage rates by one-tenth of a percentage point, effective today.