TD Bank has become the latest of the big banks to increase its mortgage rates as changes in the bonds market add to the impact of federal rule changes.

TD was the first lender to act following the introduction of mortgage rules by Ottawa in October, however the Trump election win has seen yields in government bonds surge with a resulting impact on mortgages.

The primary mortgage rate at TD has been raised by 5 basis points for a 4-year fixed-rate mortgage and by 10 points for a 5-year fixed rate.

RBC announced its changes earlier this week with new rates coming into effect Thursday.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

More market watch: