CIBC profit tops estimates on lower loan losses
Canadian Imperial Bank of Commerce said third-quarter profit rose 47.5 percent, topping expectations, as Canada’s No. 5 bank sharply reduced its provisions to cover terrible loans.

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In a nutshell, a mortgage broker acts as the ‘go-between’ a mortgage borrower (you) and the lender (typically the huge Canadian banks).  Mortgage brokers act on your behalf offering their expertise and contacts for free, and receive their commission from the lenders only once a mortgage is arranged.  There may be charges for their services [...]

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Don’t torture yourself by browsing your phone book or listening to word of mouth when it comes to finding the best mortgage rates Canada. Seriously, who uses the phone book anymore? Just the other day, I was driving by a condominium complex. There were about 300 phone books sitting there in the rain waiting to [...]

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