After dealing with its fair share of unvarying ups and downs for the past few days, the benchmark 30 year fixed mortgage interest rates at the Canadian lender, Toronto Dominion Bank (NYSE: TD) tasted some improvement on March 19, 2014. According to the recently published mortgage rate charts, the new home purchase as well as the refinancing home loan deals are coming out at reduced interest rates today, in comparison to the interest figures quoted by the bank yesterday.
This Wednesday, the eligible mortgage borrowers can find the standard, long term, 30 year fixed rate mortgage home loan deals being traded at an interest rate of 4.500% and are backed by an annual return of 4.673%. On the other hand, in the short term home loan section, the bank is offering the 15 year fixed rate mortgage home loans deals at an interest rate of 3.438% and an APR yield of 3.632%.
For the borrowers, who are looking forward to secure home loans at flexible interest rates, the bank is currently offering its best 3 year adjustable rate mortgage home loan packages at a starting lending price of 2.688% and an APR yield of 2.839%. However, the 5 year adjustable rate mortgage home loan options are now up for grabs at an interest rate of 3.188% and an APR yield of 3.005% to start with.
The mortgage shoppers, with more flexible interest requirements, can opt for the best 7 year adjustable rate mortgage home loan deals, which are now being traded at an interest rate of 3.438% and are accompanied by an APR yield of 3.172% to start with. The most flexible, 10 year adjustable rate mortgage schemes can be locked in at a starting interest price of 3.688% and an annual return rate of 3.431% today.
Heading towards the refinancing home loan section, the potential customers can find the popular 30 fixed rate mortgage home loan deals being available at an interest cost of 4.688% and an APR yield of 4.803%. Alternatively, the short term, 15 counterparts of the 30 year refinancing fixed rate mortgage home loans are up for grabs at an interest rate of 3.688% and an APR yield of 3.883% today.
As far as the variable rate financing options are concerned, the bank is currently providing the best 5 year refinancing adjustable rate home loans at an interest price of 3.438% and an APR yield of 3.883% to start with. On the other hand, the more flexible, 7 year refinancing adjustable rate mortgage home loan packages can be acquired at an interest rate of 3.688% and an APR yield of 3.290% today.
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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