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
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Replies

  • risk bearance by banks

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

    Anonymous 03 Nov 2005, 02:15 - Report
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