TORONTO, Jan. 12, 2012 /CNW/ - TD Canada Trust lowers six- and
seven-year special fixed rate mortgage offers, effective January 13, 2012.
"In the current environment and with changes in fixed and variable
mortgage rates, many Canadians are re-evaluating their mortgage
strategies with more considering fixed rate options," says Farhaneh
Haque, Director, Mortgage Advice, TD Canada Trust. "For first time
homebuyers, the right mortgage option should take into account your
comfort with interest rate risk, affordability and flexible payment
options. TD Canada Trust has a full range of mortgage products to suit
the needs of homeowners and we're excited to be able to add another
attractive option with these special offers."
The changes are as follows:
Special Fixed Rate Offers*
6-year closed special
7-year closed special
*Rates calculated semi-annually, not in advance. Special rate is a
discount off of TD Canada Trust's posted rate. Special offer expires
February 29, 2012.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Group (TD). TD is the sixth largest bank in North America by
branches and serves approximately 20.5 million customers in four key
businesses operating in a number of locations in key financial centres
around the globe: Canadian Personal and Commercial Banking, including
TD Canada Trust, TD Insurance, and TD Auto Finance Canada; Wealth
Management, including TD Waterhouse and an investment in TD Ameritrade;
U.S. Personal and Commercial Banking, including TD Bank, America's Most
Convenient Bank, and TD Auto Finance U.S.; and Wholesale Banking,
including TD Securities. TD also ranks among the world's leading online
financial services firms, with more than 7.5 million online customers.
TD had CDN$686 billion in assets on October 31, 2011. The
Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and
New York Stock Exchanges.
SOURCE TD Canada Trust
For further information:
Barbara Timmins/ Tamar Nersesian
Media Relations, Corporate and Public Affairs, TD Bank Group
Barbara.Timmins@td.com / Tamar.Nersesian@td.com