The Close Market Call Tonight Berman's Call Headline Car Business ETF Update GetConnected C-Suite Survey Undercover Boss App Central BTV - Business Television
The Learning Curve MoneyTalk Commodities Market Sense Business Day Market Call The Street The Business News The Pitch Talking Tax
View full programming schedule
Budget 2012 The Munk Debates Financial Glossary Investor Resources Your Money Month Passion Capitalist CP Rail Proxy Battle

Are you looking for a stock?

Try one of these

View more results
DISLIKE
 
COMMENTS
 
0

TD raises mortgage rates

BNN.ca staff
12:11 PM, E.T. | April 4, 2011
Financials, Real Estate
A
A
 
Follow this

Higher borrowing costs in the bond market have pushed TD bank to raise mortgage rates.

Borrowers interested in 5 to 10 year closed mortgages will face the biggest jump in rates, which will increase by 0.35 percentage points starting Tuesday.

The rate for a five-year closed mortgage will rise to 5.69 percent.

The move comes three weeks after TD cut some mortgage rates, citing lower bond yields.

RBC also raised mortgage rates on Monday, pushing its rate for a five-year closed mortgage up 0.35 percentage points to 5.69 percent.

COMMENTS
 
0
Slide Show
    Latest News
    Popular News
    More Stories