TD Bank Raises Prime Rate For Variable Rate Mortgages To 2.85 Per Cent

Darpan News Desk The Canadian Press, 01 Nov, 2016 10:51 AM

TORONTO — TD Bank (TSX:TD) is raising the interest rate it charges customers with variable-rate mortgages.

The bank is increasing its TD Mortgage Prime rate to 2.85 per cent from 2.7 per cent, effective today.

Customers with fixed-rate mortgages are unaffected by the change.

TD's prime rate for other products with a variable interest rate, such as lines of credit, are not affected as that rate remains at 2.7 per cent.

Prev Next

MORE National ARTICLES

3 Ottawa Men Plead Guilty On Terrorism-Related Charges After Planning To Join ISIS

The group, including 25-year-old twins — Ashton and Carlos Larmond —were arrested in 2015 as part of an RCMP investigation called "Project Slipstream." Their co-conspirator is 23-year-old Suliman Mohamed.

3 Ottawa Men Plead Guilty On Terrorism-Related Charges After Planning To Join ISIS

Prostitution Case: Judge Rejects Man's Claim He Was The Victim Of Public Shaming

John Russell Mercer was one of 27 men charged Sept. 8, 2015 after Cape Breton Regional Police concluded "Operation John Be Gone," a sting operation that targeted the clients of prostitutes in downtown Sydney.

Prostitution Case: Judge Rejects Man's Claim He Was The Victim Of Public Shaming

Where's Gaylord? Pet Owner Offers Reward Of $1,000 To Get Her Pet Iguana Back

EDMONTON — An Edmonton woman is offering a reward for the safe return of her pet iguana.

Where's Gaylord? Pet Owner Offers Reward Of $1,000 To Get Her Pet Iguana Back

Ontario Man Undergoing Treatment After Bite From Rabid Cat

HALDIMAND COUNTY, Ont. — Health officials say an Ontario man is undergoing treatment after being bitten by a cat that tested positive for rabies.

Ontario Man Undergoing Treatment After Bite From Rabid Cat

Bombardier Hands Out Pink Slips, As Part Of Effort To Cut 7,000 Workers

MONTREAL — Bombardier handed out pink slips Friday to aerospace employees in Montreal as part of its efforts announced in February to trim 7,000 workers over two years.