The changes are as follows: Fixed Rate Mortgages One-year closed 3.60 per cent (decrease by 0.20 per cent) Two-year closed 3.75 per cent (decrease by 0.20 per cent) Three-year closed 4.25 per cent (decrease by 0.20 per cent) Four-year closed 5.19 per cent (decrease by 0.10 per cent) Five-year closed 5.59 per cent (decrease by 0.15 per cent) Seven-year closed 6.65 per cent (decrease by 0.15 per cent) Ten-year closed 6.80 per cent (decrease by 0.15 per cent) Special Fixed Rate Offers* ---------------------------- Four-year closed 4.14 per cent (decrease by 0.10 per cent) Five-year closed 4.29 per cent (decrease by 0.15 per cent) Seven-year closed 5.20 per cent (decrease by 0.15 per cent) Ten-year closed 5.35 per cent (decrease by 0.15 per cent) Variable Rate Mortgages Variable Closed RBC Prime + 0.00% (no change) * The rates indicated are special discounted rates and are not the posted rates of Royal Bank of Canada. To calculate a rate discount compare the Special Offer rate against the posted rate for the applicable term. Special Offers may be changed, withdrawn or extended at any time, without notice. Not available in combination with any other rate discounts, offers or promotions.
For further information: For further information: Media contact: Stephanie Lu, (416) 974-5506
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