SmartHomeOwners

TORONTO, April 26, 2010 — RBC Royal Bank announced today that it is changing its residential mortgage rates effective April 27, 2010. 

 The changes are as follows:

Fixed Rate Mortgages

Six-month convertible             5.05 per cent             (increased by 0.15 per cent)

One-year closed                     3.80 per cent             (increased by 0.15 per cent)

Two-year closed                     4.15 per cent             (increased by 0.15 per cent)

Three-year closed                  4.75 per cent             (increased by 0.15 per cent)

Four-year closed                     5.74 per cent             (increased by 0.15 per cent)

Five-year closed                     6.25 per cent             (increased by 0.15 per cent)

Seven-year closed                 7.05 per cent             (increased by 0.15 per cent)

Ten-year closed                     7.20 per cent             (increased by 0.15 per cent)

Special Fixed Rate Offers*

Four-year closed 4.59 per cent (increased by 0.15 per cent)

Five-year closed 4.85 per cent (increased by 0.15 per cent)