RBC cuts five-year fixed mortgage rate, other banks expected to follow [Toronto Globe and Mail (Ontario, Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
rbc.com/investorrelations/index.html
Company Research
Source: Toronto Globe and Mail
RBC cuts five-year fixed mortgage rate, other banks expected to follow Royal Bank of Canada has become the first of the major banks to lower its posted interest rate for five-year fixed-term mortgages, a move that has been widely anticipated amid tumbling bond yields. The bank lowered its featured five-year mortgage rate on Wednesday to 3.74 per cent from 3.89 per cent. Other big banks did not immediately match the rate, but mortgage expert Robert McLister, founder of mortgage-rate comparison website Ratespy.com He said alternative lenders who compete with the big banks have already been lowering their rates for weeks, giving them a slight advantage in the market. Mr. McLister anticipates the major banks will settle their featured five-year fixed rates at about 3.64 per cent in coming days. Story continues below advertisement He said some big banks have already lowered their internal “discretionary” rates on five-year fixed terms for preferred clients, but RBC is the first big bank to
Show less
Read more
Impact Snapshot
Event Time:
RY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RY alerts
High impacting Royal Bank Of Canada news events
Weekly update
A roundup of the hottest topics
RY
News
- Canada's inflation rate ticks up to 2.9% as gas prices rise [Financial Post (Toronto, Ontario, Canada)]Financial Post
- RBC Is Expanding Its US Business With a Cash-Management Offering [Financial Post (Toronto, Ontario, Canada)]Financial Post
- RBC Capital Markets launches RBC Clear™, a Cash Management solution that will focus on Fortune 1000 corporations in the United States [Yahoo! Finance]Yahoo! Finance
- Royal Bank of Canada to redeem NVCC Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series AZ [Yahoo! Finance]Yahoo! Finance
- Canadian Investment Regulatory Organization Trade Resumption - RY.PR.ZPR Web
RY
Earnings
- 2/28/24 - Beat
RY
Sec Filings
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B2
- 4/16/24 - Form 424B2
- RY's page on the SEC website