RBC’s announced rate hike Friday is a signal the big bank is laying down its weapon of choice at least for the time being, say brokers.
“They’re realizing that competing on rate is a losing game, and want to see how the market will react,” says Paolo Di Petta, a broker with EQRON Mortgage. “The real story here is that RBC’s strategy seems to be more HELOC-focused now, anyway. They’ve... [Read more...]
Here’s a story you can share with your clients who only want to talk about rate.
Omer Quenneville loves to tell the story of the two clients who bought identical condos in the same building – and especially loves to remind the client who didn’t listen just how wrong he was.
“Do I love saying ‘I told you so’? Of course I do!” laughs the Toronto Centum broker, who wants brokers to... [Read more...]
11th Annual Garage Sale Sponsored
By Dave, Cindy, and Amanda Walker
604-889-5004 or 604-531-1111
HomeLife Benchmark Realty and Dominion Lending Centres
Saturday, May 4 at 9:00 AM - Specialty Items Marked Below
Elgin Park Estates: Main road:
1. 2938 140 Street
Chantrell Park: Off 140 Street, turn west onto 22 Avenue, then right onto 139A Street, loop around left to 138A Street to:
1. 2289... [Read more...]