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Mortgage Rates

Barry Rathburn
Manager, Residential Mortgages
250-954-7472

Weekly Watch

November 14, 2008

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Mortgage & Home Equity Line of Credit Rates1
Effective November 13, 2008

  Conventional and NHA Mortgages2

Posted Rates

Lowest Rates

  6 Month Convertible

6.20%

4.75%

  1 Year Open

8.80%

8.80%

  1 Year Closed

6.35%

4.49%

  2 Year Closed

6.70%

5.35%

  3 Year Closed

7.05%

5.70%

  4 Year Closed

7.04%

5.80%

  5 Year Closed

7.20%

5.79%

  4% CashBack - 5 year term

7.20%

7.20%

  5% CashBack - 6 year term

7.45%

7.45%

  5% CashBack - 7 year term

7.65%

7.65%

  5% CashBack - 10 year term

8.00%

8.00%

  6 Year Closed

7.45%

6.35%

  7 Year Closed

7.65%

6.50%

  10 Year Closed

8.00%

6.75%

  Variable Interest Rate Mortgage4

  5 Year Closed at TD Mortgage Prime5

5.00%

5.00%6

  5 Year Open at TD Mortgage Prime5

5.00%

5.00%

  Home Equity Line of Credit at TD Prime7

5.00%

5.00%

(1)Rates as of November 13, 2008. 1. Rates are subject to change without notice. 2. Interest calculated semi-annually, not in advance. 3. These rates are discounted rates and are not available with any other interest rate discounts, promotions or offers. Offer may be changed, withdrawn or extended at any time without notice. 4. Rate is TD Mortgage Prime + 1.00%. TD Mortgage Prime as of November 1st, 2008 is 4.00%. Rate changes when TD Mortgage Prime changes. 5. Rate is TD Mortgage Prime. TD Mortgage Prime as of November 1st, 2008 is 4.00%. Rate changes when TD Mortgage Prime changes. This rate is a discounted rate and is not available with any other rate discounts, promotions or offers. Rate calculated monthly, not in advance, offer may be changed, withdrawn or extended at any time without notice. 6. Assumes interest rate does not vary over the term. Rate calculated monthly, not in advance. 7. Rate changes when TD Prime changes. Rate calculated monthly, not in advance.TD Prime as of October 22, 2008 is 4.00% per annum. Float rate is TD Prime +1.00%.

Call Me For All Your Mortgage Needs!

Barry Rathburn
Manager, Residential Mortgages
250-954-7472
barry.rathburn@td.com

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Posted: Friday, November 14, 2008 9:15 AM by Ron Mehan

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