TD Canada Trust is lowering its residential mortgage interest rates on their 7 and 10 year terms, effectively March 23rd, 2010. By locking into a longer term mortgage, you are given the peace of mind knowing that your interest rate would not change for a long period of time. The residential mortgage interest rate changes

BMO Bank of Montreal announced on March 9th, 2010 that it will be decreasing its residential mortgage rate; this will take effect as of March 10th, 2010. In addition BMO Bank of Montreal also announced that it will be making it easier for Canadians to be mortgage free sooner with the introduction of the new

TD Canada Trust has changed its residential mortgage interest rates and they will take effect as of February 15th 2010. With the many talks of interest rates increasing in the future, more borrowers are looking to lock in a longer term mortgage at a fixed interest rate. To help customers out, TD has adjusted their

The Bank of Nova Scotia, otherwise known as Scotiabank made changes in the Bank’s posted residential mortgage interest rates. These rates became effective on September 9, 2009. The changes are as followed: six-month flexible closed  4.55 per cent   (decreases by 0.20 per cent)  six-month open                    6.40 per cent   (decreases by 0.20 per cent)  one-year open