Mortgage rates continue to creep up slowly for TD Bank customers.
Rates are being hiked Thursday for longer mortgages and rental properties.
An additional charge of 10 basis points will be applied to overall rates for all new fixed amortizations of 25 years or more. As well, all new mortgages on rental properties will be charged 25 basis points to the overall rate.
These changes follow a similar move by the company in mid-November.
The special rate offer for four-year fixed mortgages was raised by five basis points, and five-year fixed mortgages were raised by 10 basis points.
TD regularly reviews and adjusts its rates based on a number of factors, including the cost to fund mortgages and competitive landscapes.