 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate
( f; p: h/ W) H8 `6 A/ ~Sep. 5, 2006. 12:45 PM% T% S; O5 [) H
CANADIAN PRESS) {# ^+ y3 g3 C4 Y) o
* b6 Y9 F4 z o0 d7 ~+ q9 N) X: @) R7 U
Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.2 O% w# j7 ?6 b2 G
& ^+ E4 d t2 y& f& B( b% F7 J. @) X
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.2 a ~* W: Z f! n; V- X c8 Q! g* Z: b
- }- J M2 K8 g3 h
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.+ m3 D) u1 y, K8 d: x; `
/ H6 M# M: H/ ] t6 wThe 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
