ThereÃ¢â‚¬â„¢s a brilliant reason to get into our expensive and quite possibly weakening housing market right now.
The Bank of Montreal cut its special five-year fixed rate mortgage by 20 basis points Wednesday, bringing it down to 3.59% from 3.79%.
BMO said in a statement that the move was an effort to provide potential home buyers an incentive as the fall season rolls around.
No-fee chequing accounts are the great idea that just wonâ€™t click in Canada.
Truth is, they havenâ€™t worked out great for banks or consumers in the U.S. market, either. And yet, online bank ING Direct will introduce a new chequing account Wednesday that charges no monthly fee, period.