TD CANADA TRUST LOWERS RESIDENTIAL MORTGAGE RATES

TORONTO, Nov. 9 /CNW/ - TD Canada Trust has lowered its mortgage rates, effective November 10, 2010.

The changes are as follows:

    
    Fixed Rates                 To:         Change:
    -----------

    6-month convertible         4.45           N/C
    1-year open                 6.50           N/C
    1-year closed               3.20           N/C
    2-year closed               3.45           N/C
    3-year closed               4.00           N/C
    4-year closed               4.94           N/C
    5-year closed               5.19        -0.10%
    6-year closed               5.70           N/C
    7-year closed               6.09           N/C
    10-year closed              6.40           N/C

    Special Fixed Rate Offers
    -------------------------

    1-year closed Special       2.50           N/C
    4-year closed Special       3.79           N/C
    5-year closed Special       3.79        -0.10%
    7-year closed Special       4.75           N/C
    10-year closed Special      5.09           N/C
    

For further information: Kelly Hechler, Media Relations, Corporate and Public Affairs, TD Bank Financial Group, 416-982-2469