Rate
Seven Year5.50%
Fixed Mortgage Rate
Key Details
Rate Hold | 120 Days (Apr 11) | |
Payment | $1866 (Customize) | |
Prepayments | 10% / 10% + Optional Double-Up |
Mortgage Info
Rate Hold | 120 Days (Apr 11) |
Lump Prepayments | 10% |
Payment Increase | 10% |
Double-up Payments | Yes |
Permitted Loan-to-Value | Up to 95% |
Pre-approvals | Yes |
Provider Type | Bank |
Provinces Served | National |
More Details
Minimum Mortgage | Inquire |
Max Property Value | Inquire |
Open | No |
Max Amortization | 30 Years |
On Ratespy Since | May 29, 2018 |
Rate History
Last Updated | Jun 28, 2023 |
Previous Update | -- |
Prior Rate | 5.90% |
Latest Rate Change | -0.40% |
Rate ID # | 2618 |
Payment Information
Mortgage Amount | |
Amortization (years) | |
Monthly Payments | |
All RBC Royal Bank mortgage rates |
Rate History
How It Compares
- The 2nd-lowest 7-year fixed rate as of December 12, 2024
Provider Notes
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].
Rate Notes
This is the bank's official special offer rate. Lower discretionary rates may be available to well-qualified borrowers.
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