Rising bond yields have pushed TD to raise some medium and long term mortage rates with more increases forecast:Soaring bond yields have set the stage for a second round of interest rate hikes on residential mortgages in about a week.After nudging rates higher on longer-term mortgages last Wednesday, Toronto-Dominion Bank yesterday raised borrowing costs on its five-year, fixed-rate loan by 40 basis points to 5.85 per cent, effective today.Last week, TD and the other banks increased rates on fiv...
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