Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage ...

RBC’s prime rate was lowered to 4.95% on March 13, 2025. RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank ...

Your lender will typically quote the variable rate as prime plus a number, such as RBC prime + 0%. Assuming a $300,000 mortgage with a 25-year amortization, here’s how the payments compare using ...

Your rate of return is directly tied to any increases or decreases with the Royal Bank Prime rate. RBC Equity-Linked GICs: May enjoy higher returns than the other GICs and you can choose between a ...

Royal Bank of Canada announced Wednesday afternoon that it was decreasing its prime rate by 50 basis points (bps) to 5.95 per ...

The Bank of Canada has cut its overnight lending rate by 25 basis points to 2.75 per cent, it announced on Wednesday, as an ongoing trade war with the U.S. begins to strain the Canadian economy.

The banks said they would decrease the prime rate by 25 basis points from 5.20 per cent to 4.95 per cent just hours after Canada’s central bank cut its interest rate by a quarter point to 2.75 per ...

TORONTO, March 12, 2025 /CNW/ - RBC Royal Bank is decreasing its prime rate by 25 basis points from 5.20 per cent per cent to 4.95 per cent per cent, effective March 13, 2025. We are proud to ...

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their ...

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