Close X
Friday, November 15, 2024
ADVT 
National

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.

    MORE National ARTICLES

    City of Vancouver Partners with UNYA, Suncor Energy and CMHC to Invest in Aboriginal Youth

    City of Vancouver Partners with UNYA, Suncor Energy and CMHC to Invest in Aboriginal Youth

    The City of Vancouver and the Urban Native Youth Association (UNYA) have taken a significant step...

    City of Vancouver Partners with UNYA, Suncor Energy and CMHC to Invest in Aboriginal Youth

    Two Men Arrested In Double Homicide Investigation In Courtenay, B.C.

    Two Men Arrested In Double Homicide Investigation In Courtenay, B.C.
    COURTENAY, B.C. — A man and woman have been found dead in a Vancouver Island home.

    Two Men Arrested In Double Homicide Investigation In Courtenay, B.C.

    Man Arrested Following Assault At Health Centre In Kelowna, B.C.

    Man Arrested Following Assault At Health Centre In Kelowna, B.C.
    RCMP say a man is in custody following an alleged assault against an employee and a Mountie at a community health centre in Kelowna, B.C.

    Man Arrested Following Assault At Health Centre In Kelowna, B.C.

    Soggy Keyboards Could Be Repurposed As Art, Garden Ornaments In Kelowna, B.C.

    Soggy Keyboards Could Be Repurposed As Art, Garden Ornaments In Kelowna, B.C.
    Five decorated upright pianos are available for free in Kelowna, B.C., but don't expect to tickle their ivories.

    Soggy Keyboards Could Be Repurposed As Art, Garden Ornaments In Kelowna, B.C.

    Canada's New Mortgage Rules: What Do The Changes Mean For Homebuyers?

    Canada's New Mortgage Rules: What Do The Changes Mean For Homebuyers?
    As of October 17th, all mortgages regardless of the term will need to be qualified at 4.64%

    Canada's New Mortgage Rules: What Do The Changes Mean For Homebuyers?

    WorkSafeBC Probes Allegations Of Bullying, Harassment At Vancouver School Board

    WorkSafeBC Probes Allegations Of Bullying, Harassment At Vancouver School Board
    Mike Bernier says in a release that serious allegations have been made about the actions of some trustees and since last week, the entire senior management team has gone on medical leave.

    WorkSafeBC Probes Allegations Of Bullying, Harassment At Vancouver School Board