Current Mortgage Interest Rates at TD Bank on April 7, 2014

At the Canadian mortgage provider, Toronto Dominion Bank (NYSE: TD), the pleasant days for the prospective home loan borrowers seem to be coming no near to their end, with bank publishing the same benchmark 30 year fixed mortgage interest rates yet again this Monday. In the latest mortgage information released on April 7, 2014, the mortgage shoppers can find the ideal home purchase and refinancing home loans being traded at the same interest rates as last week.

As of now, in the standard, long term home financing section, the bank is offering its 30 year fixed rate long term mortgage home loans at an interest rate of 4.625% and an annual percentage rate of 4.738%. On the other hand, under the short term home loan category, the potential customers can spot the ideal 15 year fixed rate mortgage home loans being traded at an interest rate of 3.500% and being backed by an APR yield of 3.691% today.

For the mortgage shoppers, who are keen on acquiring ideal home loans at variable rates of interest, the bank is currently offering its best 3 year adjustable rate mortgage deals at a starting interest rate of 2.750% and an annual percentage yield of 2.851% today. However, the 5 year adjustable rate mortgage home loan deals can be locked in at an interest rate of 3.250% and an annual return rate of 3.025% on the principal amount of home loan acquired from the bank.

However, for the mortgage borrowers with more flexible lending needs, the Canadian lender quotes its 7 year adjustable rate mortgage home loans against an interest price of 3.500% and an annual percentage rate of 3.200% to begin with. Alternatively, the most flexible, 10 year fixed rate mortgage home loan packages can be secured at a lending rate of 3.750% and an APR yield of 3.468% during the starting years of the home loan.

Shifting sights towards the refinancing arena, the potential borrowers can find the popular 30 year fixed rate mortgage home loans being listed next to an interest cost of 4.688% and an annual return equivalent to 4.803% today. On the other hand, for the borrowers, who are keen on heading down the relatively shorter road, the 15 year refinancing fixed rate mortgage plans would be perfect at an interest rate of 3.562% and an APR yield of 3.756% today.

When it comes to the adjustable rate mortgage deals, the customers can spot the best 5 year refinancing home loans being advertised at a starting interest price of 3.312% and an APR yield of 3.048% to start with. However, the more flexible, 7 year refinancing adjustable rate home loan options are now up for grabs at a starting rate of 3.562% and an APR yield of 3.231% during the starting years of the loan tenure.  

Disclaimer: The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes.

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About the author

Rob is a analyst and reporter covering stocks and business news.