Canada’s big banks tighten grip on mortgage market after rule changes
12 Dec Canada’s big banks tighten grip on mortgage market after rule changes
Posted at 18:58h
in
News
by KMFSLLP
Canada’s biggest banks are
tightening their grip over the country’s C$1.5 trillion ($1.1
trillion) mortgage market as new rules designed to cut out risky
lending make it harder for borrowers to switch lenders, with
some analysts betting on more gains for the country’s biggest
two banks.
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