 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate. M; g$ v8 X9 L/ V# Z
Sep. 5, 2006. 12:45 PM% i, p: [' O* V* h* o; Y5 l
CANADIAN PRESS% |2 { i! A$ Q' X( i3 t S
: H0 o8 z8 F2 w3 p9 p" T/ h% ]- _8 a# v% f
Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.4 M( d0 Y% q, n, g' _
! S/ k: |3 a( i) i6 T& E" h
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.
3 G- L0 K7 N. Z3 }: W; X
4 r4 A7 T6 X0 n, t, o+ z4 S0 gAt 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.2 g- Y. q8 n1 X' H7 a& E
9 Z o: N; ^& N& S) u) a0 l
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
