TD Lowers Qualifying Mortgage Rate 35 bps To 4.99%

TD lowers Posted Mortgage Rate to 4.99% Market interest rates have fallen sharply since the coronavirus-led investor flight to the safety of government bonds. The 5-year government bond yield–a harbinger of conventional mortgage rates–now stands at 1.34%, down sharply from the 1.60+% range it was trading in before the virus became global news (see chart … Continue reading TD Lowers Qualifying Mortgage Rate 35 bps To 4.99%