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ROYAL APPROVES MORTGAGES OVER THE NET

The Royal Bank of Canada is now offering its Pre-Approved Mortgage service over the Internet. Consumers can find out within 24 hours what price range they can shop for and get their mortgage rate guaranteed for 60 days. Users can also work out mortgage payments and interest costs under a range of payment options. Royal Bank's Web site address is <http://www.royalbank.com.>. The service can also be access through Canadian MLS Real Estate Online at <http://www.mls.ca>.

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