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Everything You Need to Know

The COVID-19 situation in Canada is evolving very quickly, resulting in rapid changes to the financial situation and economic outlook for many people. As always, the Auxilium Team is dedicated to staying on top of news related to the mortgage industry to provide you with all of the information you need to make the best decision for your situation. We will update this post as new announcements are made.

While the big lenders were hesitant to pass on the Bank of Canada’s interest rate cut last week, this week there’s talk of a price war, with Royal Bank of Canada being the first to take the plunge.