|Rate Hold||120 Days (Jan 22)
The length of time that the lender will guarantee the rate. If you don't close by the date in parentheses, the rate is subject to change.
|Permitted Loan-to-Value||Up to 95%|
|Max Property Value||Inquire|
|Max Amortization||30 Years|
|On Ratespy Since||May 29, 2018|
|Last Updated||Aug 07, 2020|
|Latest Rate Change||-0.05%|
|Rate ID #||2603|
All RBC Royal Bank mortgage rates
How It Compares
This rate is:
- The 2nd-lowest 5-year fixed rate as of September 24, 2021
- Ranked 9 out of 2892 rates for popularity.
With most RBC® traditional residential mortgages, if you have repaid part of the amount you borrowed, you can, subject to RBC approval, re-borrow amounts previously repaid, up to the original amount of the registered mortgage. With this option you will not have to pay any legal and registration fees to register a new mortgage and discharge your existing one. Prepayments can occur anytime during the mortgage year, with one lump-sum prepayment allowed per year. Need an RBC mortgage contact? Email us at firstname.lastname@example.org.
Please note, this is not the bank's official rate. This rate reflects RateSpy's estimate of the "discretionary rate" made available to certain well-qualified borrowers who are NOT already customers of the bank. It is based on typical industry discounts from posted rates and intelligence we gather from mortgage advisors in the field. Such estimates are subject to error and in many cases the actual rate may be higher or lower. You must confirm the actual rate directly with the bank. The update date reflects the date that this lender's posted rate last changed, which is different than the *discretionary rate* shown here. The discretionary rate you see on RateSpy may have changed after this date.
RateSpy does not see or store your contact information or personal information when you inquire about a rate. The information you enter goes directly to the lender. Mortgage rates listed are subject to change at any time and apply to those with approved credit. Please contact the mortgage provider directly for more information.