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Rate
Seven Year5.50%
Fixed Mortgage Rate
Key Details
| Rate Hold | 120 Days (Mar 23) | |
| Payment | $1866 (Customize) | |
| Prepayments | 10% / 10% + Optional Double-Up |
Mortgage Info
| Rate Hold | 120 Days (Mar 23) |
| 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 | |
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All RBC Royal Bank mortgage rates |
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Rate History
How It Compares
- The 2nd-lowest 7-year fixed rate as of November 23, 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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