Our Current Mortgage Rates - Canada

Funds must be advanced within 120 days of date of application. Offer may be changed, withdrawn or extended at any time, without notice.

Personal lending products and residential mortgages are offered by Royal Bank of Canada and are subject to its standard lending criteria. Some conditions apply. Special Offers are discounted rates and are not the posted rates of Royal Bank of Canada. Specials Offers may be changed, withdrawn or extended at any time, without notice.

Legal Disclaimer1)

Interest rate compounded half-yearly, not in advance. Interest rates are subject to change without notice at any time.

Legal Disclaimer2)

The annual percentage rate (APR) is based on a $ 250,000 mortgage for the applicable term assuming a processing fee of $300 (which includes fees associated with determining the value of the property). If there are no cost of borrowing charges, the APR and the interest rate will be the same.

Legal Disclaimer3)

Interest rate is compounded monthly, not in advance. This rate may change at any time without notice. Royal Bank of Canada prime rate is an annual variable rate of interest announced by Royal Bank of Canada from time to time as its prime rate.

Legal Disclaimer4)

This rate is only available to customers with less than 20% down payment, purchasing a residential property valued at under $1,000,000, who are eligible for and purchase mortgage default insurance and meet other conditions.