|Rate Hold||120 Days (Oct 25)|
|Permitted Loan-to-Value||Up to 95%|
|Max Property Value||Inquire|
|Max Amortization||30 Years|
|On Ratespy Since||May 29, 2018|
|Last Updated||Jun 23, 2022|
|Previous Update||Jun 17, 2022|
|Latest Rate Change||-0.03%|
|Rate ID #||2620|
All RBC Royal Bank mortgage rates
How It Compares
- The 7th-lowest 5-year variable rate as of June 27, 2022
- Ranked 6 out of 1368 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. Need an RBC mortgage contact? Email us at [email protected]
This is the bank's official special offer rate. Lower discretionary rates may be available to well-qualified borrowers. The annual percentage rate (APR) is based on a $ 250,000 mortgage for the applicable term assuming a processing fee of $250 (which includes fees associated with determining the value of the property). If there are no cost of borrowing charges, the APR and the interest rate will be the same.