 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate: C) `7 Y7 r( [1 X$ T2 X
Sep. 5, 2006. 12:45 PM) w, R5 D+ l$ a! {6 q
CANADIAN PRESS" |- U$ c9 n" t9 d1 w
* v" z8 a+ [; ^% }% F1 H% j9 c' F# X7 F; e% j( Y
Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.
* U# b" L4 W& x- M: p7 \" [6 N# m# g7 l( z
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.
$ F+ Z S8 I+ Y8 x c$ t2 _
$ R4 p. T* `& m/ @! MAt 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.
5 x$ E) W9 Z2 u% H
9 g% s$ Y/ x& i( G: @3 i8 V0 D7 VThe 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
