 鲜花( 0)  鸡蛋( 0)
|
RBC drops home mortgage rate
' [8 {& l Q: ~3 ~$ f, t) TSep. 5, 2006. 12:45 PM" P$ w7 e; R7 y! g1 a
CANADIAN PRESS! x1 T4 P2 g2 o5 Y$ k
/ |5 \' R) u2 q; G; S
- p) _2 i0 p9 P, W0 [6 V7 \) m
Royal Bank of Canada (TSX: RY) has cut long-term mortgage rates by up to a tenth of a point.
$ p: `, a; ~. o( U i# [1 x/ v% O; b4 X7 G; \, A' I
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.
+ C4 S, A) I+ H+ Q( w1 @/ H S6 o) `8 a4 H
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.
8 L; ~! U- z/ ?* E* ^+ Z2 h" Y2 n% }1 H3 t! y, G
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
