Housing market needs to 'get back into pace' amid interest rates

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With the spring homebuying season around the corner, and mortgage rates rising after a two-week decline, investors may be wondering where a good entry point ...

With the spring homebuying season around the corner, and mortgage rates rising after a two-week decline, investors may be wondering where a good entry point would be to add homebuilder stocks to their portfolios.

Competition for customer deposits among Canadian banks is expected to intensify with the likely onset of lower interest rates as clients divert funds parked in high-yielding fixed income products to riskier investments in search of better returns, analysts and executives say. For banks, sticky customer deposits are a cheaper source of funding that keeps costs under check and boosts lending margins.

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