TD Canada Trust lowers residential mortgage rates

TORONTO, May 20 /CNW/ - TD Canada Trust has changed its mortgage rates, effective May 21, 2010.

    
    The changes are as follows:

       Fixed Rates                       To:       Change:
       -----------
       6-month convertible               4.85%     N/C
       1-year open                       6.70%     N/C
       1-year closed                     3.90%     N/C
       2-year closed                     4.40%     N/C
       3-year closed                     4.95%     N/C
       4-year closed                     5.64%     N/C
       5-year closed                     5.99%     - 0.11%
       6-year closed                     6.30%     N/C
       7-year closed                     6.59%     N/C
       10-year closed                    6.90%     N/C

    Special Fixed Rate Offers            To:       Change:
    -----------
    1-year closed                        2.90%     N/C
    4-year closed                        4.49%     N/C
    5-year closed                        4.59%     - 0.11%
    7-year closed                        5.25%     N/C
    10-year closed                       5.59%     N/C
    

For further information: Tashlin Hirani, Media Relations, Corporate and Public Affairs, TD Bank Financial Group, [phone]