After staying low and flowing along a steady path for the past few days, the mortgage rates for fresh home purchase and refinancing options climbed up new levels at Toronto Dominion Bank (NYSE: TD) on Wednesday December 4, 2013. Not only had the benchmark 30 year fixed mortgage rates gone up from the previous mark, interest rates on other deals also did cross the previous checkpoints on December 4, 2013.
Today, the potential home buyers, who plan on visiting TD Bank for financing needs, might not be very pleased to know that the 30 year fixed rate mortgages have been published at a higher rate of interest equivalent to 4.250% and come along with an annual percentage rate of 4.347%. Furthermore, the short tenure, 15 year fixed rate mortgage plans are also listed at a higher interest cost of 3.882% today and are backed by an APR yield of 4.052%.
When talking about the flexible financing options, the customers can find the 3 year adjustable rate mortgages written down at a somewhat increased interest charge of 2.654% and an APR of [email protected] The 5 year ARM deals are also published against an increased lending cost of 3.174% and carry an APR yield of [email protected]
In the more flexible wing, the 7 year ARM loans can be had at a higher interest cost of 3.540% and an APR yield of [email protected] The most flexible, 10 year adjustable rate mortgage loans carry an elevated interest charge of 3.886% and yield an APR of [email protected] today.
The refinancing department at TD Bank caters to the needs of the borrowers by providing 30 year refinancing FRM loans at a rate of 4.500% and carry along an APR yield of 4.599%. However, the 15 year refinancing fixed rate home loans come with an interest charge of 4.132% and an APR yield of 4.303% to start with.
For the seekers of flexible home refinancing deals, the bank publishes its best 5 year refinancing adjustable rate mortgages at an interest rate of 3.424% and an APR of [email protected] The more flexible, 7 year ARM is accompanied by an interest burden of 3.790% and an APR yield of [email protected]
Earlier this week, TD bank hosted a grand opening ceremony of its new credit card office for supporting the growth of the North American Credit Card business of the bank. The new facility is situated in the Hercules Building in Wilmington, Delaware waterfront (1313 North Market Street) and provides new job opportunities to over 100 employees.
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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