Mortgage Interest Rates at TD Bank are Holding Steady on March 20, 2014

After registering a decent improvement yesterday, the benchmark 30 year fixed mortgage interest rates at the Canadian mortgage provider, Toronto Dominion Bank (NYSE: TD), are holding steady on March 20, 2014. The eligible home loan borrowers, who are planning on visiting the local branches of TD Bank for securing ideal home purchase or refinancing home loans, will find no change in the interest rates in comparison to the rates at which they traded yesterday.

Starting off with the standard, long term mortgage offerings of TD bank, the customers can spot the 30 year fixed rate mortgage home loans being advertised at an interest rate of 4.438% and an annual percentage rate of 4.551% today. However, in the short term lending section, the bank is currently offering its best 15 year fixed rate home loan deals at an interest price of 3.438% and an APR yield of 3.632% today.

When it comes to the variable rate mortgage schemes, the bank caters to the flexible interest rate needs of borrowers by publishing its ideal 5 year adjustable rate mortgage home loan packages against a lending charge of 2.688% and an annual percentage yield of 2.839% to start with. On the other hand, the 5 year adjustable rate mortgage home loan plans can be acquired at a starting interest cost of 3.062% and an APR yield of 2.961%.

Alternatively, the bank is also offering more flexible, 7 year adjustable rate mortgage home loans at an interest rate of 3.438% and an APR yield of 3.172% on the primary amount of home loan acquired from the bank. The most flexible, 10 year adjustable rate mortgage home loans are now up for grabs at an interest rate of 3.688% and an annual return rate of 3.431% during the starting years of the home loan.

Heading towards the refinancing home loan section, the interested customers can find the popular 30 year fixed rate mortgage home loan plans being listed against an interest rate of 4.688% and carrying an annual percentage rate of 4.803% today. Alternatively, the shorter, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loans can be secured by bearing an interest cost of 3.688% and agreeing to an APR yield of 3.883% today.

As far as the flexible home financing options are considered, the bank is currently offering its ideal 5 refinancing year adjustable rate mortgage home loan deals at a starting interest rate of 3.312% and an APR yield of 3.048% to start with. On the other hand, the more flexible, 7 year refinancing variable rate home loans are coming out at an interest rate of 3.688% and an APR yield of 3.290% 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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About the author

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