Mortgage rates keep falling and falling, and now they’ve gone all the way down to levels not seen in almost two years. In fact, they’ve gone so low that people who took out loans last year might be.
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.. 5 Year Variable: RBC Prime Rate – 0.600% (3.350%) 3.370% Calculate Your Mortgage.