RBC moved to increase its fixed rate mortgages yesterday as follows:
|
Fixed rate mortgages |
||
|
Rate type |
Rate |
Difference |
|
6 month open |
6.45% |
+0.1% |
|
6 month convertible |
4.65% |
+0.1% |
|
1 year open |
6.45% |
+0.1% |
|
1 year closed |
3.8% |
+0.1% |
|
2 year closed |
3.95% |
+0.1% |
| 3 year closed |
4.45% |
+0.1% |
|
4 year closed |
5.29% |
+0.35% |
|
5 year closed |
5.84% |
+0.35% |
| 7 year closed |
6.8% |
+0.2% |
|
10 year closed |
6.95% |
+0.2% |
Variable rate mortgages
Variable Closed RBC Prime + 0.00% (no change)
Special rate offers
|
Special offers * |
||
|
Rate type |
Rate |
Difference |
|
6 month convertible |
4.15% |
+0.1% |
|
4 year closed |
4.24% |
+0.35% |
|
5 year closed |
4.54% |
+0.35% |
|
7 year closed |
5.35% |
+0.2% |
* The rates indicated are special discounted rates and are not the
posted rates of Royal Bank of Canada. To calculate a rate discount
compare the Special Offer rate against the posted rate for the
applicable term.
Special Offers may be changed, withdrawn or extended at any time,
without notice. Not available in combination with any other rate
discounts, offers or promotions.
Now lets watch to see when the other banks follow suit.
Check out how these rates compare versus the rest of the market and compare mortage rates now.
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