different interest rates - mortgage

• why are there so different the interests rates between the Canadian banks? I mean, over 1.5% difference over the life of a mortgage amounts to a few thousand dollars. Don't banks know that?

  03 Nov 2005, 12:10 Anonymous

Antworten

• risk bearance by banks

  All banks are "different" and their management teams have different risk tolerances.

  Anonymous 03 Nov 2005, 02:15 - Verstoß melden