
td bank


Three of the big banks have just lowered fixed mortgage rates. Will more follow?
Lenders have been dropping fixed mortgage rates over the past few weeks…except for the Big 6 banks. But that changed this weekend when three of the big banks finally lowered select rates.

TD reports strong mortgage volumes and stabilizing amortizations
Despite a sharp slowdown in mortgage originations this year, TD reported continued strong volume growth of 4% in the second quarter.

TD mortgage growth flat in Q1
While some of the Big 6 banks have reported continued strong mortgage growth in the first quarter, TD Bank’s mortgage book was basically flat compared to Q4 and up just 4% year-over-year.

One quarter of TD mortgages now have an amortization of 35+ years
Over a quarter of TD Bank’s residential mortgage portfolio now has an effective amortization of 35 years or longer.

Lender execs weigh in on today’s mortgage market
Executives of some of Canada’s top mortgage lenders weighed in on some hot topics during the lender panel at MPC’s recent National Mortgage Conference.

TD and CIBC comment on mortgage renewals and trigger points
TD Bank and CIBC released their third-quarter earnings results on Thursday, and both provided updates on their variable-rate mortgage balances.

Q1 Earnings Mortgage Morsels: TD
TD Bank kicked off the first quarter with a 13% increase in net income, while the bank’s U.S. division saw a 27% leap in earnings growth.

Q4 Earnings Mortgage Morsels: TD & National Bank of Canada
TD Bank’s fourth-quarter earnings beat analyst expectations this week thanks to record loan originations across its businesses, including mortgages.

Mortgage Brokers Get TD’s HELOC, At Last
After well over a decade in the market, TD is finally bringing its popular marquee product to brokers: the TD Home Equity FlexLine HELOC. Mortgage