RBC Increases Mortgage Rates 3/30/2010

On 3/29/2010 Royal Bank of Canada (RY) announced it is increasing several mortgage rates by up to 6/10ths of a percentage point. The largest increase is in the posted 5yr fixed closed rate, which increased from 5.25% to 5.85%.  Increase to the 3yr fixed closed rate is 1/5th of a percentage point to 4.35%.  Increase to the 4yr fixed closed rate is 2/5ths of a percentage point to 5.34%.  The rates become effective Tuesday 3/30/2010....

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Bank Valuation VII

I apologize for the slightly longer than usual time between posts these last two weeks.  Its been a busy 2 weeks.  Up to this point in this series, I have discussed only quantitative/numeric metrics.  However, in this article I will discuss some qualitative metrics related to bank itself. The final article in the series will be posted the following week.  So far we covered the following metrics: – Net Interest Margin (NIM)...

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Bank Valuation V

In this article I will discuss metrics related to the price of a bank stock. So far in this series we covered the following metrics: – Net Interest Margin (NIM) – Return On Assets (ROA) – Loan Loss Reserve, and losses related to the loan portfolio – Return On Equity (ROE) – Profit Margin – Dividends – Earnings To review them see Bank Valuation I, II, III, & IV. What I present here are...

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