RBC 5년 고정금리 0.15% 인하, 타 은행도 따를 듯(Big banks poised to follow suit as RBC trims 5-year fixed mortgage rate)

Global News에 의하면 RBC가 수요일(1.16) 5년 고정금리를 0.15% 인하하여 광고를 하고 있는데, TD는 그 다음날 따라 낮추었고, 다른 대형은행들로 추가로 따라 내릴 것으로 전망하고 있음. 이는 금리가 크게 오르지 않을 것으로 전망하고 있다는 것으로 보임.

Big banks poised to follow suit as RBC trims 5-year fixed mortgage rate

Canada’s biggest bank has dropped one of its key mortgage rates, a signal that lower rates may become more widespread.

RBC‘s advertised rate for a five-year fixed mortgage dropped from 3.89 percent to 3.74 percent on Wednesday.

James Laird, co-founder of comparison website Ratehub Inc. and president of CanWise Financial mortgage brokerage, said the same five-year rate is “widely available” from TD as of last Thursday. The company is not advertising the offer on its website, however. Laird said with two down, the other big five banks — CIBC, BMO and Scotiabank — are expected to follow suit.

“All five banks are very influential but RBC is the most, they are the largest bank in the country and they are the largest mortgage lender in the country so when they move, it really does, usually force the other four to match,” he explained.

While the 0.15 percentage point change may seem small, it could mean a lot to borrowers. Based on a $400,000 home price with a 20 percent down payment, the lower rate would mean savings of about $26 per month or $2,285 over five years, according to Robert McLister, the founder of rate comparison website RateSpy.com.

By Kerri Breen  Digital Content Coordinator Global News January 16, 2019 7:50 pm