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http://www.cbc.ca/news/business/ ... age-rates-1.3851423
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Royal Bank hikes mortgage rates
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Starting Thursday, for a three-year fixed rate mortgage at the bank, borrowers with amortizations of 25 years or less will pay 2.69 per cent —an increase of 25 basis points from what it used to be.
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The four-year rate has jumped to 2.79 per cent, up 30 points, and the five-year is now 2.94 per cent — also up 30 points.
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& D" z# D% k# l; `% J9 ?Rates for homeowners who want to take more than 25 years to pay down their mortgage have jumped by even more: The three-year rate is now 2.79, the four-year is 2.89 and the five-year is 3.04 per cent — increases of 35, 40 and 40 points, respectively
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