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Variable mortgages a hit with Canadian homebuyers

A recent move by major Canadian banks to increase fixed mortgage rates on the back of surging bond yields is unlikely to slow the country s red hot housing market, as more than half of new borrowers take out variable-rate loans that are the cheapest they ve ever been.

Ryan bushellRob colangeloJames lairdRon butlerDominion bankMoody investors serviceRoyal bankToronto dominion bankNewhaven asset management

Canadian home buyers pile into variable loans, blunting impact of rising fixed rates

A recent move by major Canadian banks to increase fixed mortgage rates on the back of surging bond yields is unlikely to slow the country's red hot housing market, as more than half of new borrowers take out variable-rate loans that are the cheapest they've ever been.

Ryan bushellRob colangeloDenny thomasNichola saminatherJames lairdSteve orlofskyRon butlerThomson reuters trust principlesDominion bankMoody investors serviceRoyal bankToronto dominion bankNewhaven asset managementNichola saminather editingThomson reuters trustBanks mortgage

Canada bank investors fret over pace of lending recovery as deposits surge

Canada bank investors fret over pace of lending recovery as deposits surge
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Ryan bushellDan greblerDenny thomasSuraj viswanathanNichola saminatherBryden teichThomson reuters trust principlesAllan small financial groupCanadian imperial bankRoyal bankAllan smallCanada chief financial officer rod bolgerImperial bankNewhaven assetNova scotiaAvenue investment management

Canada bank investors fret over pace of lending recovery as deposits surge

Ryan bushellDan greblerDenny thomasSuraj viswanathanNichola saminatherBryden teichThomson reuters trust principlesAllan small financial groupCanadian imperial bankRoyal bankAllan smallChief financial officer rod bolgerImperial bankNewhaven assetNova scotiaAvenue investment management

Canada bank investors fret over pace of lending recovery as deposits surge

Canada bank investors fret over pace of lending recovery as deposits surge
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

Ryan bushellDan greblerDenny thomasSuraj viswanathanNichola saminatherBryden teichAllan small financial groupCanadian imperial bankRoyal bankAllan smallCanada chief financial officer rod bolgerImperial bankNewhaven assetNova scotiaAvenue investment managementReporting by nichola saminather