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TD CANADA TRUST LOWERS RESIDENTIAL MORTGAGE RATES

Christine Kopr

0
Registered
Joined
Sep 6, 2007
Messages
31
TD Reduces Res. Fix Rate as of June 25 2010


The Toronto-Dominion Bank`s TD Canada Trust has changed its mortgage rates, effective June 25, 2010

TD Lowers Fixed Residential Interest rates... so much for all the anxiety around rising interest rates. As Don puts it, we are at historical lows and rate increased are going to be inveitable. Be the best business owner you can be, plan well and use this if it`s to your advantage. If this rate reduction is a good thing for your specific real estate investment, good for you! If it can be a good thing for your future specific real estate investments, good for you!

The changes are shown in the table.

RATES

Type To (%) Change (%)

Fixed rates
Six-month convertible 4.75 - 0.10
One-year open 6.70 None
One-year closed 3.80 - 0.10
Two-year closed 4.30 - 0.10
Three-year closed 4.85 - 0.10
Four-year closed 5.54 - 0.10
Five-year closed 5.89 - 0.10
Six-year closed 6.20 - 0.10
Seven-year closed 6.59 None
10-year closed 6.90 None

Special fixed-rate offers
One-year closed 2.80 - 0.10
Four-year closed 4.39 - 0.10
Five-year closed 4.49 - 0.10
Seven-year closed 5.25 None
10-year closed 5.59 None
 

mortgageman

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Registered
Joined
Aug 31, 2007
Messages
526
There are better rates out there than that and TD requires 35 percent down for conventional financing on a rental
Talk to your friendly neighbourhood mortgage broker

QUOTE (ChristineKopr @ Jun 24 2010, 02:08 PM) TD Reduces Res. Fix Rate as of June 25 2010


The Toronto-Dominion Bank`s TD Canada Trust has changed its mortgage rates, effective June 25, 2010

TD Lowers Fixed Residential Interest rates... so much for all the anxiety around rising interest rates. As Don puts it, we are at historical lows and rate increased are going to be inveitable. Be the best business owner you can be, plan well and use this if it`s to your advantage. If this rate reduction is a good thing for your specific real estate investment, good for you! If it can be a good thing for your future specific real estate investments, good for you!

The changes are shown in the table.

RATES

Type To (%) Change (%)

Fixed rates
Six-month convertible 4.75 - 0.10
One-year open 6.70 None
One-year closed 3.80 - 0.10
Two-year closed 4.30 - 0.10
Three-year closed 4.85 - 0.10
Four-year closed 5.54 - 0.10
Five-year closed 5.89 - 0.10
Six-year closed 6.20 - 0.10
Seven-year closed 6.59 None
10-year closed 6.90 None

Special fixed-rate offers
One-year closed 2.80 - 0.10
Four-year closed 4.39 - 0.10
Five-year closed 4.49 - 0.10
Seven-year closed 5.25 None
10-year closed 5.59 None
 
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