Royal Bank, TD hike fixed-rate mortgage rate

[ahlam1399]

http://static-global-s-msn-com.akamaized.net/img-resizer/tenant/amp/entityid/AAuBLAP.img?h=100&w=100&m=6&q=60&o=f&l=f&x=403&y=518TORONTO - Two of Canada's largest banks increased their fixed-rate mortgage rates amid rising yields on the bond market and a strengthening economy. The Royal Bank of Canada says its posted five-year fixed mortgage rate moved to 5.14 per cent Thursday, up from 4.99 per cent. The bank's special offer rate for a five-year fixed mortgage with a 25-year amortization moved to 3.54 per cent from 3.39 per cent. RBC (TSX:RY) says the changes reflect the ...

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