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Recent Posts
- Toronto home sales expected to slip, but average prices forecast to climb
- RBC, TD, CIBC hike mortgage rates ahead of Bank of Canada rate decision
- OSFI finalizes new mortgage rules, including stress test for even uninsured borrowers
- Ontario’s Fair Housing Plan
- Toronto and Hamilton are the hottest housing markets in Canada
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Toronto-Dominion Bank raising rates, variable rate mortgage customers to face increased costs
One of the country’s largest banks has moved a key prime rate up 15 basis points for variable-rate mortgage customers, a change that will affect some Canadians with floating rate products. Toronto-Dominion Bank began quietly telling the lending industry on Monday that its prime lending rate was going to jump from 2.7 per cent …
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