January 17, 2019 / 1:09 AM / in 6 months

RBC lowers five-year fixed mortgage rate - The Globe and Mail

Jan 16 (Reuters) - Royal Bank of Canada has become the first major Canadian bank to cut its five-year fixed mortgage rate, The Globe and Mail reported on Wednesday.

The Canadian lender cut its five-year fixed mortgage rate to 3.74 percent from 3.89 percent, the report tgam.ca/2CunAhQ said.

RBC did not immediately respond to a request for comment outside regular business hours. (Reporting by Kanishka Singh in Bengaluru; Editing by Sandra Maler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below