Mortgage Rates

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The charts below show current purchase and switch special offers and posted rates for fixed and variable rate mortgages, as well as the Royal Bank of Canada prime rate.

Popular Rates

Fixed and Variable Closed

Here are current popular purchase and switch rates for select fixed and variable rate closed term mortgages:

Term Special Offers APR2
3 Year Fixed 4.840% 4.880%
5 Year Fixed 4.740% 4.770%
5 Year Variable RBC Prime Rate - 0.600% (5.850%) 5.880%

High Ratio Mortgages4

These rates are available to customers with less than 20% down payment on a purchase transaction and meet other conditions.

Term Special Offers APR2
5 Year Fixed
High Ratio		 4.440% 4.470%
5 Year Variable
High Ratio		 RBC Prime Rate - 0.900% (5.550%) 5.580%

Limited Time Offers

Get up to $4,600 value in cash + Avion points with an RBC mortgage*

Apply for an RBC mortgage between August 30, 2024 and October 31, 2024 to take advantage of this limited-time offer.
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