Robert McLister·Mortgage Rate Trends·July 20, 2010TD Raises Prime Rate To 2.75% TD is the first big bank out of the gate. It just raised its prime lending rate by 1/4 point to 2.75%. The change takes effect tomorrow. TD was the first of the Big 5 to raise prime after the June 1 BoC meeting as well. Other banks will likely follow later today or tomorrow. 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.