TD Bank Mortgage Rates

Updated October 19th, 2020

TD Bank Background

TD Bank Background

TD Bank (TSE: TD) is one of the largest banks in Canada in terms of assets and market capitalization, and is recognized as one of Canada’s Big 5 banks. In fact, they are the 12th largest bank in the world and one of the 10 largest in the U.S. TD began as a single-branch bank that served millers and merchants in 1855. Since then, they have grown their countries of operation to a global scale. They provide a diversified portfolio of financial services to customers with retail banking, commercial banking, wealth management, capital markets and insurance products being sold worldwide. With 1241 branches and 89,000 employees, TD serves 9 million customers.

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Get a lower rate while working with TD Bank.

Advertised Rate

1.97%

5-Year Fixed

Advantage Rate

1.92%

5-Year Fixed

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How We Get You A Better Rate

When we help you get a mortgage with one of our lenders, we get a small commission. We then share part of that commission with you by buying down or lowering your mortgage rate. We strongly believe in transparency and we want to help all Canadians get the most out of their real estate.

Popular TD Bank Mortgage Rates

Type	Advertised Rate	WOWA Advantage
1-Year Fixed	3.35%	Get 3.30%
2-Year Fixed	3.40%	Get 3.35%
4-Year Fixed	3.90%	Get 3.85%
5-Year Fixed	2.18%	Get 2.13%
5-Year Variable	2.33%	Get 2.28%

TD Bank Fixed-Rate Mortgages

TD Bank Fixed Rate Mortgages reduce the risk of future interest rate fluctuations by “locking in” a specific interest rate for the term. This can create peace of mind for homeowners, which makes it a fundamentally appealing program for home buyers.If you are arranging a new mortgage for a future or current home, your fixed interest rate can be guaranteed up to 120 days before the closing date of your home. If interest rates go up during that time, you will be guaranteed the lower rate.

Type	Advertised Rate	WOWA Advantage
1-Year Fixed	3.14%	Get 3.09%
2-Year Fixed	3.19%	Get 3.14%
3-Year Fixed	2.14%	Get 2.09%
4-Year Fixed	3.74%	Get 3.69%
5-Year Fixed	1.97%	Get 1.92%
7-Year Fixed	5.35%	Get 5.30%
10-Year Fixed	5.60%	Get 5.55%

TD Bank Variable-Rate Mortgages

TD Bank Variable Rate Mortgages provide you with fixed payments over the term; however, the interest rate will fluctuate with any changes in the prime interest rate. If their prime rate goes down, more of your payment will go towards paying off your principal; if our prime rate goes up, more of your payment will go towards interest costs. As a result, this can be a great financial tool for those expecting rates to fall in the upcoming year. A convertible mortgage allows you to convert to another term at any time. This feature provides security and flexibility, as it enables you to convert to a longer closed term should your variable rate mortgage no longer meet your needs.

Type	Advertised Rate	WOWA Advantage
5-Year Variable	1.97%	Get 1.92%

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While we try our best to get your the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.