RBC lowers five-year fixed mortgage rate - The Globe and Mail

Royal Bank of Canada has become the first major Canadian bank to cut its five-year fixed mortgage rate, The Globe and Mail reported on Wednesday.

The Canadian lender cut its five-year fixed mortgage rate to 3.74 percent from 3.89 percent, the report https://tgam.ca/2CunAhQ said.

RBC did not immediately respond to a request for comment outside regular business hours.

Add Zee Business as a Preferred Source

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)