TD Canada Trust lowers residential mortgage rates

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

The changes are as follows:

    
    Fixed Rates                       To:               Change:
    -----------
    6-month convertible               4.45%             N/C
    1-year open                       6.70%             N/C
    1-year closed                     3.50%             N/C
    2-year closed                     3.90%             N/C
    3-year closed                     4.45%             N/C
    4-year closed                     5.14%             N/C
    5-year closed                     5.49%             N/C
    6-year closed                     5.80%             N/C
    7-year closed                     6.19%             N/C
    10-year closed                    6.50%             N/C

    Special Fixed Rate Offers         To:               Change:
    -------------
    1-year closed                     2.50%             N/C
    4-year closed                     3.89%             - 0.10%
    5-year closed                     3.99%             - 0.10%
    7-year closed                     4.85%             N/C
    10-year closed                    5.19%             N/C
    

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