RBC Increases Discounted Mortgage Rates

RBC Increases Discounted Mortgage Rates

RBC announced that they are increasing some of their discounted or special mortgage rate offers effective tomorrow December 15, 2010. Interestingly, the equivalent posted fixed mortgage rates are staying the same. This is an usual move as typically the posted …
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Fixed Mortgage Rates Drop

Fixed Mortgage Rates Drop

This week, all of the big banks have announced decreases to fixed mortgage rates. RBC was the first one to drop rates by 10 basis points, quickly followed by Scotiabank, TD and BMO. CIBC announced today that they would follow suit as well. This puts the popular 5 year fixed rate at 5.29%
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