RBC led the pack today by lowering rates on all their fixed rate terms. This was quickly followed by BMO, with TD only choosing to match the 5 year term reduction. No word from the other majors as of this posting.
Term | Bank Rate | Our Rate |
1 Year | 3.14 % | 1.69 % |
2 Year | 3.19 % | 1.54 % |
3 Year | 3.49 % | 1.54 % |
4 Year | 3.74 % | 1.79 % |
5 Year | 4.59 % | 1.89 % |
7 Year | 5.35 % | 2.44 % |
10 Year | 5.60 % | 2.89 % |
RBC led the pack today by lowering rates on all their fixed rate terms. This was quickly followed by BMO, with TD only choosing to match the 5 year term reduction. No word from the other majors as of this posting.