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Old 06-12-2008, 09:16 PM
Canadian Canadian is offline
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Join Date: Jun 2008
Posts: 415
Default Asking the bank for lower mortgage rate?

I was looking at the mortgage rates for 5 year closed mortgage offered by several of the big Canadian banks and I have a question. The Royal Bank of Canada site for example, has a special 5-year closed mortgage rate of 5.59% as of today. Would it be possible to negotiate down this rate? Is that acceptable practice when you apply for mortgage in Canada?
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Bear with me please

Last edited by Canadian; 06-12-2008 at 09:18 PM.
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