 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate4 M% R) v* O" `8 l: [" B5 g$ y( r- ?) }* H
Sep. 5, 2006. 12:45 PM
# e7 W9 R/ ^4 B/ M7 B0 Y" y" RCANADIAN PRESS
% O- D% D+ R6 }( C h( r9 O+ _9 G1 b1 V/ u" w* E! J
7 \9 n9 P' `/ @$ }Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.
+ Z: J- q3 C, l3 s) R" y
2 }4 Y7 e# s0 e8 ?. `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.# R# S/ Q6 q8 {( h2 z4 \; @% r; p
6 U% n; R) T5 |' D# m
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.9 O$ N: a7 w# G! z+ `5 J$ d6 c
: [& a, a4 c$ o# }" T! S+ B9 t7 GThe 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
