Yesterday, when several other US based mortgage lenders increased their interest rates or kept them steady, the Canadian mortgage provider, Toronto Dominion Bank (NYSE: TD), did record some improvement in terms of its standard lending rates. However, today, the bank chose to reclaim its previous position by quoting higher benchmark 30 year fixed mortgage interest rates in the latest mortgage charts released on April 3, 2014.
As of now, the borrowers interested in financing their realty investments through long term home loan deals, will have to pay a higher interest price of 4.625% and deal with an annual percentage rate of 4.738% for locking in the standard 30 year fixed rate mortgage home loan plans today. On the other hand, the seekers of relatively shorter, 15 year fixed rate mortgage lending options will have to deal with an interest cost of 3.625% and
an APR yield of 3.817% today.
For the mortgage shoppers, who are looking forward to secure ideal home loans at variable rates of interest, the bank is currently offering its best 3 year adjustable rate mortgage home loans at a starting interest rate of 2.875% and an APR yield of 2.878% on the principal amount of loan acquired from the bank. Alternatively, the 5 year adjustable rate mortgage home loan plans can be secured by bearing an interest burden of 3.250% and enjoying an annual return rate of 3.025% today.
Shifting towards the more flexible home financing options, the mortgage shoppers can find the 7 year adjustable rate mortgage home loans being advertised at an interest rate of 3.625% and carrying an annual percentage yield of 3.259%. On the other hand, the best, 10 year fixed rate mortgage home loan schemes are now up for grabs at a starting lending rate of 3.875% and an APR yield of 3.547% to start with.
Shifting sights towards the refinancing arena, the interested borrowers can spot the popular 30 year fixed rate mortgage loans being published against a lending charge of 4.688% and an annual return of 4.803% today. On the other hand, the seekers of somewhat short term home refinancing options can opt for the 15 year fixed rate mortgage home loan deals, which are now being traded at an interest cost of 3.688% and offer an APR yield of 3.883% today.
When it comes to the adjustable rate mortgage deals, the potential customers can find best 5 year refinancing home loan plans been published in the bank’s books against an interest rate of 3.312% and an APR yield of 3.048% to start with. However, the more flexible, 7 year refinancing adjustable rate mortgage packages can be acquired at a starting lending price of 3.688% and an APR yield of 3.290%.
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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