Q:

What are the TD mortgage rates in Ontario ?

A:

Quick Answer

TD Canada Trust offers a variety of mortgage payment options to Ontario customers, with fixed-rate mortgages ranging from 2.24 percent to 6.1 percent, as of 2015. Variable, open and closed mortgage options are also available to customers, according to the company's official website.

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Full Answer

Mortgage interest rates are traditionally lower than rates for regular loans, as they are secured by property. Fixed-rate mortgages offer the same interest rate and payment over the term of the loan, while variable-rate mortgages can move higher or lower, based on the official bank rate. Mortgage loans are offered in a variety of formats to suit the individual needs of property buyers, says TD Canada Trust.

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