RBC decreases residential mortgage rates

RBC Royal Bank announced that it is decreasing its residential mortgage rates effective November 9, 2010.

RBC Royal Bank announced that it is decreasing its residential mortgage rates effective November 9, 2010.
 
The changes are as follows:
 
Special Fixed Rate Offers
Five-year closed    
 
 
3.79 per cent  
 
 
(decreased by 0.10 per cent)
 
 
 
 
 
Fixed Rate Mortgages
 
 
 
 
 
 
 
 
 
 
 
Six-month convertible  
 
 
4.45 per cent  
 
 
(no change)
One-year closed    
 
 
3.20 per cent  
 
 
(no change)
Two-year closed    
 
 
3.45 per cent  
 
 
(no change)
Three-year closed    
 
 
4.00 per cent  
 
 
(no change)
Four-year closed    
 
 
4.94 per cent  
 
 
(no change)
Five-year closed    
 
 
5.19 per cent  
 
 
(decreased by 0.10 per cent)
Seven-year closed    
 
 
6.35 per cent  
 
 
(no change)
Ten-year closed    
 
 
6.50 per cent  
 
 
(no change)