RBC drops home mortgage rate

屯民 · 发表于 2006-9-5 20:18

RBC drops home mortgage rate
Sep. 5, 2006. 12:45 PM
CANADIAN PRESS

Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.

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.

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.

The cuts reflect the lower cost of borrowing in the bond market, where banks finance their mortgage loans.

howardx · 发表于 2006-9-5 20:24

drop 啥？TD 才5.65 for 3 year fixed

屯民 · 发表于 2006-9-5 20:29

Well, the rate is published rate, it just shows a trent! The rate you gave is discount rate.

[ 本帖最后由屯民于 2006-9-5 20:31 编辑 ]

冰糖葫芦 · 发表于 2006-9-6 13:45

好还是不好分析下

屯民 · 发表于 2006-9-6 15:29

Mortgage rate went down is neutral for investors but good news for others. People can afford to buy larger houses or more people can buy houses, but there is a negtive side, the house price will go up too.

一路发 · 发表于 2006-9-6 15:44

问题是:平衡点在哪?

Tome12 · 发表于 2006-9-6 23:10

奉劝那些即将在RBC开户或贷款的同胞们，小心！！！！RBC的服务非常差，极其不负责任，而且更重要的是，他们会不时通过各种途径给你这个那个的罚款！！

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RBC drops home mortgage rate

drop 啥？TD 才5.65 for 3 year fixed

问题是:平衡点在哪?

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