While it had taken banks some time to push up their mortgage rates, they were finally “catching up” and as Bloomberg reported, just in the past few days Toronto-Dominion Bank – Canada’s second largest lender – lifted its posted rate for five-year fixed mortgages by a whopping 45 bps to 5.59% as …
The post “We Know It’s Going To Be Painful”: Half Of Existing <b>Canadian Mortgages</b> Are Up For Renewal In … appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/we-know-its-going-to-be-painful-half-of-existing-canadian-mortgages-are-up-for-renewal-in/
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