RBC cuts 5-year fixed mortgage rate, other banks expected to follow

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RBC cuts 5-year fixed mortgage rate, other banks expected to follow GlobeInvestor

 

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globeinvestor Tell you what, I'll take a mortgage on a $100k house for $1M, but the rate has to be so negative, that the interest owed to me each month pays for 50% of the monthly payment. You can bundle it as a 'Self Paying Mortgage.' I think maybe the jig is up tho.

globeinvestor

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