Special offer

Canadian Banks Call Truce in Easy-Money Mortgage Battle

By
Real Estate Agent with Re/Max First

changes in mortgage loansCanada's mortgage party has come to an abrupt halt, reports Grant Robertson with The Globe and Mail.

The bonanza of dirt-cheap mortgages offered by some of the country’s biggest lenders in recent weeks has been shut down sooner than expected, as banks pull their offers in the face of higher funding costs and concerns over dwindling profit margins.

READ THE FULL POST-->

Engage with us here on our blog! Let us know what questions you would like to have answered about Calgary, its communities and the real estate market. When you're ready to buy or sell a home in Calgary, we are your Realtors® of choice. Be sure to visit our easy to search website. We're the experts, and we're here to help you! Contact Ryan and Sheri MacDonald for more information on how we can help you achieve your real estate goals at: 403.519.9102 or via email.