If you're seeking a textbook case of banks giving consumers the short end of the stick, look no further. The nation's biggest mortgage lender, RBC, just slashed its posted rates. "RBC's move is the biggest move to increase penalties (IRDs) since its posted

Rocket Mortgage Canada (RMC) is calling it quits. The offspring of one of the most colossal lenders in the world—Rocket Companies Inc.—couldn't make it in Canada. What does that say about the future of Canada's mortgage market? We're about to tell you.