 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate) _+ P' C: r6 g' \3 P- z: Y" g
Sep. 5, 2006. 12:45 PM8 ^4 a* ~' \5 J c- N# N4 G# q2 l9 U
CANADIAN PRESS
* Q. D3 r( \/ \
- g5 [; ~" m5 X) w/ q4 l& Y. A& s$ D5 J* K6 i
Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.
' w z# r( N$ G4 { s. A2 d) S: I G% f# `/ j& L
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.. C. Z! L- X+ H. e, l& B+ z% N8 S$ | G
% V" ^% d1 Y4 B6 _
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.
- N2 }5 L- c2 |7 k I. T3 K# Z4 M, c" P, q. Q6 z( i& E8 Z' s, T5 [+ c% g8 u
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
