TD Canada Trust lowers residential mortgage rates

TORONTO, Aug. 4 /CNW/ - TD Canada Trust has changed its mortgage rates, effective August 5, 2010.

The changes are as follows:

    
    Fixed Rates                    To:           Change:
    -----------
    6-month convertible            4.45%          - 0.10%
    1-year open                    6.70%          N/C
    1-year closed                  3.50%          - 0.10%
    2-year closed                  4.00%          - 0.10%
    3-year closed                  4.55%          - 0.10%
    4-year closed                  5.24%          - 0.10%
    5-year closed                  5.59%          - 0.10%
    6-year closed                  5.90%          - 0.10%
    7-year closed                  6.29%          - 0.10%
    10-year closed                 6.60%          - 0.10%

    Special Fixed Rate Offers      To:            Change:
    -------------
    1-year closed                  2.50%          - 0.10%
    4-year closed                  4.09%          - 0.10%
    5-year closed                  4.19%          - 0.10%
    7-year closed                  4.95%          - 0.10%
    10-year closed                 5.29%          - 0.10%
    

For further information: Tashlin Hirani, Media Relations, Corporate and Public Affairs, TD Bank Financial Group, 416-982-3375