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Thursday, June 6th, 2024

RBC’s Step Forward – Ask a Vancouver Mortgage Broker

RBC‘s Step Forward Do you know what largely determines your mortgage rate? It’s the cost to your lender of raising capital in the first place. This is what makes recent activity on the part of RBC so noteworthy. RBC used covered bonds to raise $2.5 billion on September 12th of this year. Some of this […]

Covered Bonds Explained – Ask a Vancouver Mortgage Broker

Covered Bonds Explained Chances are, unless you work in something related to finance or the housing industry, you’ve probably never heard of “covered bonds”. Though I’m sure you’d be happy to hear that they indirectly help provide homeowners (including yourself) with low mortgage rates. They also help give mortgage borrowers additional options. We will delve […]