Close X
Saturday, November 16, 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

    Program To Help Troubled Military Veterans Find Work Gets $2.9m From Feds

    OTTAWA — The federal government is contributing $2.9 million for a program to help veterans struggling with mental health problems to find jobs.

    Program To Help Troubled Military Veterans Find Work Gets $2.9m From Feds

    Reliving Komagata Maru

    Reliving Komagata Maru
    Raj Singh Toor is one of the descendants of the Komagata Maru and spokesperson for the Descendants of Komagata Maru Society.

    Reliving Komagata Maru

    Failed High-Five Between Justin Trudeau, Prince George Makes Headlines

    Failed High-Five Between Justin Trudeau, Prince George Makes Headlines
    The British media honed in on what one outlet described as an "awkward" encounter between Prime Minister Justin Trudeau and the young Prince George in reports on the arrival of the Duke and Duchess of Cambridge in Victoria.

    Failed High-Five Between Justin Trudeau, Prince George Makes Headlines

    Reunited At Last: Elderly Surrey Couple Separated In Different Care Homes Are Back Together

    Reunited At Last: Elderly Surrey Couple Separated In Different Care Homes Are Back Together
    Their granddaughter Ashley Bartyik posted an announcement on Facebook saying the couple are now staying at Morgan Heights facility in Surrey.

    Reunited At Last: Elderly Surrey Couple Separated In Different Care Homes Are Back Together

    Award Winning Inuit Artist Annie Pootoogook Found Dead In Ottawa

    Award Winning Inuit Artist Annie Pootoogook Found Dead In Ottawa
    Police say the body of Annie Pootoogook, 46, of Ottawa was discovered on Monday, but don't suspect foul play.

    Award Winning Inuit Artist Annie Pootoogook Found Dead In Ottawa

    Mayor Says Over 200 Sawmill Job Losses In Merritt Just Before Christmas Tough

    Mayor Says Over 200 Sawmill Job Losses In Merritt Just Before Christmas Tough
    The mayor of Merritt, B.C., says he's angry about Tolko Industries' decision to close a sawmill that employs 200 people in his community.

    Mayor Says Over 200 Sawmill Job Losses In Merritt Just Before Christmas Tough