TD hiking rates for longer mortgages, rental properties
10 to 25 basis points will be added to overall rates
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10 to 25 basis points will be added to overall rates
They'll also limit choice and increase the cost of borrowing
3% of transactions involved foreign buyers last month
Divergence between Canadian and U.S. policy to grow
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To ease affordability and reduce risk
To get the best mortgage rate deal you need to hedge and shop aggressively
Changes kicked in Tuesday and affect all amortization periods
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Now is the time to get advice from a mortgage expert and lock in your rates