. Earlier this week RBC lowered its 5 year fixed mortgages rates by 0.10%, and the other banks have now followed suit with the same decrease. The other banks dropped their rates yesterday include: TD, BMO, Scotiabank, CIBC and Laurentian …
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Well some good news today for first time home buyers and home owners as fixed mortgage rates dropped again as RBC, CIBC, Scotiabank and Laurentian Bank announced the latest mortgage rate changes of -0.10% for most fixed rates. These new …
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The other major banks followed RBC’s move to lower mortgage rates this week. Bank mortgage rates are dropping as result of lower 1, 2 and 5 year bond yields. Bond yields drive fixed rates because they are a big part …
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