TD Canada Trust Hikes Prime Mortgage Rate – What’s Next?
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TD Canada Trust Hikes Prime Mortgage Rate – What’s Next?

TD Canada Trust is the first bank to raise its prime rate for variable rate mortgages since new federal mortgage rules were introduced last month. So is this the beginning of a trend? Continue reading »

Temps Rise, Rates Drop
Economic News / Mortgage News / Mortgages / Taxes

Temps Rise, Rates Drop

Are you ready for the busiest home-buying season of the year? Spring has certainly sprung for the Canadian real estate market, as open houses pop up faster than the crocuses. Perhaps the most telling sign: Bank of Montreal, the big-bank trendsetter, has introduced a “March miracle”: a history-making rate for new mortgage borrowers that has since been matched by TD. Continue reading »