 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate. y# J- z1 w; p$ r& L" A
Sep. 5, 2006. 12:45 PM* E) q9 g2 d$ p
CANADIAN PRESS$ c+ |# q- t$ B* s
8 V& b7 i5 ?9 u" O+ {" E; o; Z3 z9 ^/ y' T* F8 o
Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.$ T6 u9 w, q' o
8 s+ }7 M& p9 ]2 T* C
Canada's biggest bank announced Tuesday it is reducing the posted rate on three-year to 10-year loans by a tenth of a point. The reductions are effective Wednesday.8 g9 Z9 I* F# c) N; M7 W! Z* w
5 ]* l5 K9 {, U1 S3 Z" f; w
At the Royal, a three-year closed term falls to 6.5 per cent, while a five-year loan drops to 6.75 per cent and a seven year loan to 7.25 per cent.
6 Z7 Y. _, _0 b z" d% d9 P2 \# [0 F- E# |3 {9 L9 D( ?
The cuts reflect the lower cost of borrowing in the bond market, where banks finance their mortgage loans. |
|
狗仔卡
发表于 2006-9-5 20:18
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
楼主
