TD Canada Trust followed BMO and RBC by increasing their longer term fixed rate mortgages by 0.20%.
The new mortgage rates are as follows:
|
Fixed rates |
To |
Change |
|
6-month convertible |
4.75% |
N/C |
|
1-year open |
6.55% |
N/C |
|
1-year closed |
3.90% |
N/C |
|
2-year closed |
4.05% |
N/C |
|
3-year closed |
4.15% |
N/C |
|
4-year closed |
4.84% |
N/C |
|
5-year closed |
5.45% |
0.002 |
|
6-year closed |
6.30% |
0.002 |
|
7-year closed |
6.80% |
0.002 |
|
10-year closed |
6.90% |
0.002 |
CIBC also followed suit and their mortgage rates are now:
|
Six-month convertible |
4.75% |
unchanged |
|
Six-month open |
6.80% |
unchanged |
|
One-year open |
7.00% |
unchanged |
|
One-year closed |
3.9% |
unchanged |
|
Two-year closed |
4.05% |
unchanged |
|
Three-year closed |
4.15% |
unchanged |
|
Four-year closed |
4.84% |
unchanged |
|
Five-year closed |
5.45% |
0.20% |
|
Seven-year closed |
6.70% |
0.20% |
|
10-year closed |
6.80% |
0.20% |
Want us to send you a weekly recap of the latest posts straight to your inbox? (Plus we've been known to send out a giveaway or two.) Sign up for our weekly Friday Roundup.
