Effective March 31st, RBC Royal Bank® announced the return of their special rate on new RBC Homeline Plan lines of credit.
2.75 per cent RBC Prime + .50% (decrease of 0.25 per cent)
RBC is happy to be able to once again offer a reduced rate on the RBC Homeline Plan line of credit, giving Canadians access to the best priced credit line in the market today.
The RBC Homeline Plan lending product provides homeowners the flexibility to split their home financing into various mortgage segments to include both fixed and variable rate mortgages, coupled with one or more lines of credit. Homeowners can use the plan to help diversify their interest rates and lower their overall borrowing costs.
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RBC Mortgage Specialist