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TD fixed rate mortgage increase
April 27, 2018
7:31 am
Kidd
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Forum Posts: 522
Member Since:
February 27, 2018
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April 27, 2018. TD just raised their 5 year fixed mortgage rate by 0.45% to 5.59%.

https://globalnews.ca/news/4172092/td-raises-posted-5-year-fixed-mortgage-rate/

I know that the banks look at the long term yield curve BUT 0.45% is a lot considering the BOC recently left our rates unchanged. This adds even more pressure to our fragile economy. Where is the tipping point?

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