Possible Rate Increase
Heads Up! TD Bank has announced a rate hike on their fixed-term mortgage rates effective tomorrow, November 17th. The rate increases affects the fixed mortgages with terms between 1 – 5 years. For example, the discounted 5 year fixed rate at the TD is going up from 3.69% to 3.94%. Other lenders have announced that they believe, “rates will be going up”, but we’ve received no formal communication except from the TD Bank.
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