Moving along its usual path, the Canadian lender, Toronto Dominion Bank (NYSE: TD), quoted unchanged benchmark 30 year fixed mortgage interest rates on March 5, 2014. Despite the regular economic changes and unstable market conditions, the mortgage provider, managed to pull some strings and keep its home purchase as well as refinance home loan deals coming out at the same interest rates this Wednesday.
The recent mortgage rate chart released by the bank reveals that the standard, long term, 30 year fixed rate mortgage plans are coming out at an interest rate of 4.312% and an annual percentage yield of 4.424% today. However, the relatively shorter, 15 year fixed rate mortgage home loan plans can be locked in at an interest rate of 3.438% and an APR yield of 3.632% today.
In the variable rate home loan division, the mortgage shoppers can find the best 3 year adjustable rate mortgage plans being published against a starting interest rate of 2.562% and an annual percentage rate of 2.812%. The 5 year adjustable rate home loan deals can now be locked in at a lending cost of 3.062% and an APR yield of 3.961% to begin with.
As far as more flexible interest rates are concerned, the interested customers can opt for the 7 year adjustable rate mortgage home loan schemes, which are now advertised at an interest cost of 3.312% and are carrying an APR yield of 3.113% during the starting years of the home loan. The 10 year variable rate mortgage home loans can be secured at a starting interest price of 3.562% and an APR yield of 3.352% to begin with.
For the mortgage shoppers, who are looking forward to refinance their existing investments, the bank is currently offering its popular 30 year fixed rate mortgage home loans at an interest rate of 4.562% and an APR yield of 4.676%. However, the short term, 15 year refinancing fixed rate mortgage home loans can be acquired at a lending cost of 3.688% and an APR yield of 3.883%.
As far as the adjustable rate financing options are concerned, the borrowers can spot the ideal 5 year refinancing plans being published at a starting interest rate of 3.312% and an APR yield of 3.048% to start with. Alternatively, the more flexible, 7 year refinancing adjustable rate mortgage home loans are up for grabs at an interest rate of 3.562% and are carrying an APR yield of 3.231% on the initial amount of home loan taken from the bank.
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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