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 ...

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 ...

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