Back to today’s briefing

Story perspectives

TD Bank's Mortgage Portfolio Drops Amid Rising Rates

5/26/2025

47 3

Summary

Story summary

TD Bank's Q2 2025 residential mortgage portfolio fell to $267.4 billion, impacted by a sluggish housing market and elevated interest rates.
Impaired provisions for credit losses decreased to $946 million, indicating robust credit quality.
Around $144 billion in mortgages are due for renewal by the end of 2026, with many borrowers facing increased interest rates.

1 of 1

Story summary

TD Bank's Q2 2025 residential mortgage portfolio fell to $267.4 billion, impacted by a sluggish housing market and elevated interest rates.
Impaired provisions for credit losses decreased to $946 million, indicating robust credit quality.
Around $144 billion in mortgages are due for renewal by the end of 2026, with many borrowers facing increased interest rates.