Following its usual pricing policy, the Canadian mortgage provider, Toronto Dominion Bank (NYSE: TD), made no change to its benchmark 30 year fixed mortgage interest rates on April 10, 2014. Today, the interested mortgage shoppers will find the ideal home purchase and refinancing home loans being traded at the same interest rate as yesterday, thereby making no change to the overall demand of TD loan products in the market.
This Thursday, the standard, long term, 30 year fixed rate mortgage home loan packages are being traded at an interest price of 4.625% and are backed by an annual percentage rate of 4.738%. On the other hand, the borrowers interested in taking the shorter route, can spot the short term, 15 year fixed rate mortgage home loan schemes being traded at an interest rate of 3.500% and carrying an APR yield of 3.691%.
In the flexible home loan section, the mortgage shoppers can find the 3 year adjustable rate mortgage home loan deals being listed next to an interest rate of 2.750% and an annual percentage yield of 2.851% today. On the other hand, the 5 year adjustable rate mortgage options are now being traded at an interest rate of 3.500% and an APR yield of 3.691% to start with.
Today, for the seekers of more flexible interest rates, the bank is offering its 7 year adjustable rate mortgage deals at a starting interest price of 3.500% and an APR yield of 3.200% today. On the other hand, the most flexible, 10 year adjustable rate home loan plans are now being traded at an interest rate of 3.750% and an APR yield of 3.468% during the starting years of the home loan tenure.
Shifting towards the refinancing home loan arena, the interested customers can spot the popular 30 year fixed rate mortgage home loans being published against a lending charge of 4.688% and an annual return rate of 4.803% this Thursday. Alternatively, the short term, 15 year counterparts of 30 year fixed rate mortgage home loan plans are up for grabs at a lending rate of 3.562% and an annual percentage yield of 3.756% today.
As far as the adjustable rate home financing deals are considered, the bank is now offering its best 5 year refinancing variable rate packages at an interest rate of 3.188% and an APR yield of 3.005% to start with. On the other hand, the 7 year refinancing adjustable rate mortgage home loans can be locked in at an interest rate of 3.562% and an APR yield of 3.231% during the starting years of the loan tenure.
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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