After staying low towards the end of the previous week, the benchmark 30 year fixed mortgage interest rates experienced a sudden hike towards the end of the month at the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD) on March 31, 2014. In the recent mortgage charts released by the bank today, the home purchase as well as refinancing mortgage home loan deals are coming out at a higher lending price as compared to the previous week’s interest figures.
To start off with, in the standard, long term home financing section, the bank is charging an interest rate of 4.625% and offering an annual percentage yield of 4.738% to the borrowers interested in securing the ideal 30 year fixed rate mortgages today. On the other hand, the in the short term lending section, the mortgage shoppers can spot the best 15 year fixed rate mortgage home loan packages being priced at an interest rate of 3.562% and carrying an annual return rate of 3.817% today.
For the customers interested in securing home loans at variable interest rates, the bank is currently offering its ideal 3 year adjustable rate mortgage home loan options at an interest rate of 2.750% and an APR yield of 2.950% to start with. However, the 5 year adjustable rate mortgage home loan packages can now be secured by bearing an interest price of 3.250% and agreeing to an APR yield of 3.107% this Monday.
However, for the seekers of more flexible home loan deals, the 7 year adjustable rate mortgage home loan plans would be an ideal pick at a starting lending rate of 3.500% and an annual percentage return of 3.268% today. On the other hand, the most flexible, 10 year adjustable rate mortgage home loan plans can be locked in at an interest rate of 3.750% and an APR yield of 3.517% during the starting years of the home loan tenure.
Heading towards the refinancing arena, the mortgage shoppers can spot the popular 30 year fixed rate mortgage home loan deals being traded at an interest rate of 4.688% and carrying an annual return rate of 4.803% today. Alternatively, the relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate mortgage deals are up for grabs at an interest rate of 3.812% and an APR yield of 4.008% today.
When it comes to the flexible home loan options, the bank is currently offering its best 5 year refinancing adjustable rate mortgage plans at an interest price of 3.312% and an APR yield of 3.131%. On the other hand, the more flexible, 7 year refinancing adjustable rate home loan deals can be locked in at an interest rate of 3.562% and an APR yield of 3.299% today.
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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