RBC Royal Bank changes residential mortgage rates

TORONTO, Feb. 8 /CNW/ - RBC Royal Bank announced today that it is changing its residential mortgage rates effective February 9, 2010.

Special Variable Rate Offer*
    ------------------------------
    Variable Closed       RBC Prime - 0.10 per cent

    RBC Homeline Plan
    Line of credit        RBC Prime + 0.75 per cent  (increase 0.25 per cent)

* 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Special Offers may be changed, withdrawn or extended at any time, without notice.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: Media contact: Gillian McArdle, [phone]