RBC earnings

RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio

February 28, 2024 No Comments

RBC’s executive team today expressed confidence in its due diligence of HSBC Canada’s mortgage portfolio during the $13.5-billion acquisition.

RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026

December 2, 2023 No Comments

Despite interest rates having been elevated for over a year, Canada’s largest bank said the bulk of the impact is yet to be felt with nearly three quarters of its mortgage portfolio coming up for renewal over the next three years.

RBC says a majority of its mortgage clients can absorb higher payments

November 30, 2022 No Comments

Royal Bank of Canada said it remains confident in the ability of a majority of its mortgage borrowers to handle payment increases.

80,000 variable-rate mortgages will reach their trigger point by year-end: RBC

August 24, 2022 1 Comment

Canada’s largest bank said about 80,000 of its variable-rate mortgage clients will reach their trigger point with the next “couple of” Bank of Canada rate hikes.

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RBC earnings

RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio

RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026

RBC says a majority of its mortgage clients can absorb higher payments

80,000 variable-rate mortgages will reach their trigger point by year-end: RBC

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