Toronto-Dominion Shares Fall on Subprime Fears

Shares of Toronto-Dominion Bank slumped Monday on speculation that the lender had substantial undeclared exposure to the subprime mortgage mess, a notion the bank staunchly denies.
Toronto-Dominion Chief Executive Officer Ed Clark has spent the past few months reminding anybody who will listen that his bank has avoided the subprime debacle, but a rumor swept through […]

New two-year fixed rate offset mortgage from first direct

On Thursday 13 December 2007 first direct launched a market-leading two-year fixed rate offset mortgage priced at 4.99% (6.6% APR). The rate is a limited offer.
Following the fixed rate period, it reverts to a competitive standard variable rate of 6.50% - a full 1% lower than the equivalent rate from Halifax.
Over 10% of the direct […]