Royal Bank’s Canadian residential mortgage portfolio was $256 billion at the end of fiscal 2017. That sounds big, and it is, but 44% of the loans are insured and the loan-to-value ratio on the rest is low enough that house prices would have to fall significantly before the bank takes a material hit.
The post Royal Bank of <b>Canada</b> Stock: Should You Buy at the Current Price? appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/royal-bank-of-canada-stock-should-you-buy-at-the-current-price/
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