Robert McLister·Mortgage Rate Trends·September 25, 2008TD Raises Rates If you’re a homeowner and need a mortgage approval, get it in soon. If you’re a broker who’s floating a rate for a client, take note. TD has hiked rates 0.35% on 3-5 year fixed mortgages, effective tomorrow. Expect other big banks to follow. TD also reduced their discount on a variable mortgage to zero! On the short side of the rate curve, TD did the opposite and cut their 1-year rate by 3/10%. CP Story Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.