TD Canada Trust changes residential mortgage rates

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Most of the banks will do the same thing. Please check the morgage rate if you want to apply/refinance.


TORONTO, Sept. 17 /CNW/ - TD Canada Trust has changed its mortgage rates, effective Thursday,
September 18, 2003. The changes are as follows:

Fixed Rates: To: Change:

Six months convertible 5.30 % N/C
One year (open) 6.70 % N/C
One year (closed) 4.55 % N/C
Two year (closed) 5.10 % N/C
Three year (closed) 5.80 % -0.10
Four year (closed) 6.25 % -0.20
5 Year Best Rate Mortgage (closed) 5.15 % -0.10
Six year (closed) 6.40 % -0.20
Seven year (closed) 7.30 % -0.15
Ten year (closed) 7.75 % -0.30

For further information
 
From Royal Bank

Mortgage
Term Rate
4 Year 4.89%1
5 Year 5.29%2
7 Year 5.74%3
 
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