Mortgage Interest Rates Increased at TD Bank on December 10, 2013

Today Mortgage Interest Rates Increased at TD BankThe borrowers choosing to stop by TD Bank might find the 30 year fixed mortgage interest rates touching new heights on December 10, 2013.

As per the new mortgage information published by the bank, the standard 30 year fixed rate mortgage loans can be acquired at an interest cost of 4.382% and an annual percentage yield of 4.495% today. In the short term financing division, the bank provides 15 year fixed rate mortgage deals at an interest cost of 3.930% and offers an APR yield of 4.126%.

The borrowers who are looking for more variable rates of interests can find the 3 year adjustable rate mortgage loans published against a lending charge of 2.708% and an APR yield of [email protected] The 5 year adjustable rate mortgages, the financing options with little more flexible interest rates, can now be obtained by bearing an interest burden of 3.216% and an APR yield of [email protected]

For the borrowers who are in search of more flexible financing options, the 7 year adjustable rate mortgages can serve the needs, only if they agree to bear an interest charge of 3.584% and an APR yield of [email protected] today. On the other hand, the 10 year adjustable rate mortgage loans can be obtained at an interest rate of 3.932% and an APR yield of [email protected]

The mortgage interest rates are normally influenced by the price of mortgage backed securities dealt in the financial markets, which generally move in the direction of the stock market on any normal trading day. However, when the stock market plummeted by the end of the trading day and left the DJIA index at 15337.70, TD Bank chose to part its ways from the direction in which DJIA chose to proceed. Regardless of the mortgage rates, the stock price of TD shares moved to a higher level and stopped at a new mark of 84.74 after increasing by +0.54 price points.

The string of robberies, faced by TD Bank, seems to be nowhere near the dead end after another incident that took place on Monday. Early morning, the local branch of TD Bank situated on the 600 block of the College Drive, Gloucester Township, was robbed by a man who altered his appearance by wearing a fake beard and a wig.

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.