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MikeJoseph
Apr 10, 2023 7:27 PM

TD Mortgage bag holders Short

Toronto Dominion Bank (The)NYSE

Description

TD is offering "Variable Rate Deferred Mortgages" to keep things afloat, while extending amortization periods from 25 to 30 years.
Bank of Canada is stuck at 4.5% interest rates, if they hike further it make cause a housing crisis.

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