TD has announced that they will be raising their rates as of Midnight tonight. Rates will be increasing 0.35%.
That will make their current 5 year rate 4.44%. Also increasing the posted rate from 5.34% to 5.69%. The 5.69% will be the new 0 down/Cash back amount.
The rest of the banks will likely follow in the next day or two. To get a Pre-approval or a rate hold at 3.89% call or email today.
For questions send me an email at sbourke@regionalmortgage.ca
Thanks For Reading
Scott Bourke, AMP
Dominion Lending Centres Regional Mortgage Group
866/403-343-1125
