For the third day in a row, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), made no changes to the mortgage interest rates at which its standard home purchase and refinancing deals are coming out at the same interest rates on February 12, 2014. The borrowers, who are planning on dropping by the local branches of TD bank today, will find no relative change in the benchmark 30 year fixed mortgage interest rates in comparison to the yesterday’s figures.
As of now, the eligible borrowers can secure the standard, long term, 30 year fixed rate mortgage home loan packages at an interest rate of 4.438% and an annual percentage rate of 4.551% today. On the other hand, the relatively shorter, 15 year fixed rate mortgage home loan deals can be had by dealing with an interest cost of 3.438% and agreeing to an APR yield of 3.632% today.
In the adjustable rate mortgage division, the customers, with special needs of variable interest rates, can spot the best 3 year flexible home loans coming out at an interest rate of 2.562% and carrying an annual return of 2.812% to start with. On the other hand, the 5 year adjustable rate mortgage loans can be locked in at an interest rate of 3.062% and an APR yield of 2.961% today.
For the seekers of more flexibility, the banks offers its 7 year adjustable rate mortgage deals at a starting lending price of 3.312% and an annual return rate of 3.113% to begin with. The most flexible, 10 year adjustable rate mortgage plans can be acquired at an interest cost of 3.562% and an APR yield of 3.352% on the initial amount of loan taken from the bank.
When it comes to the refinancing mortgage options available with the bank, the customers can spot the popular 30 year fixed rate mortgage home loans coming out at an interest rate of 4.688% and carrying an APR yield of 4.803% today. However, the short term, 15 year refinancing fixed rate mortgage deals can be secured at an interest rate of 3.688% and an APR yield of 3.883% today.
As far as the adjustable rate mortgage loans are considered, the bank is now offering the ideal 5 year refinancing deals at a starting rate of 3.312% and an APR yield of 3.048% during the initial years of the loan. Alternatively, the more flexible, 7 year adjustable rate mortgage deals can be locked in at an interest rate of 3.562% and an APR yield of 3.231% on the initial amount of 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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