RBC, TD and CIBC Cut Fixed Mortgage Rates to 2.99% to Match BMO (Again)

TD, RBC, and CIBC Mortgage Rate Announcement

They’re back!  After speculation that rates would never return to the 2.99 per cent mark, BMO sent a shock wave through the mortgage industry earlier this week by offering the rate over a 5 year term.  TD, RBC and CIBC are all trying to compete by dropping their 4 year rate down to 2.99 per cent as well.  These products may offer less features than their conventional products, so be sure to do your research before signing on the dotted line.

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Mortgage News / Mortgages

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