But as rates go up, your mortgage payment rises as well. 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 ...

Flexible payment frequencies: In addition to paying your mortgage on a monthly basis, RBC gives you the option to pay: semi-monthly, bi-weekly, weekly, accelerated bi-weekly and accelerated weekly.

RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank of Canada adjusts its overnight rate, RBC’s prime rate ...

Clients who choose to renew through the RBC Mobile app will be able to secure their best RBC rate, choose among available mortgage terms that suit their situation, and virtually sign documents — all ...