But now, all in mortgage-land are waiting and wondering if Canada’s major banks will actually pass along that rate cut. The Globe and Mail’s Streetwise reported Wednesday that TD Canada Trust may not reduce its prime rate. (TD sent me a statement this morning confirming that it is not changing prime rate “at this time.”)
http://www.theglobeandmail.com/globe-investor/personal-finance/mortgages/why-the-bank-of-canada-rate-cut-may-not-bring-down-mortgage-costs/article22574714/