The Toronto Dominion Bank (NYSE: TD) published quite improved mortgage rates yesterday and seems to be quite happy with its current position in the market, which is very evident from the fact that the benchmark 30 year fixed mortgage rates remain unchanged on November 20, 2013.
The best 30 year fixed rate mortgage deals hold their stand at 4.352% and also bear the same, impressive annual percentage yield of 4.448% today. This Wednesday also didn’t bring about any change in the short term, 15 year fixed rate home loans which are still available at a rate of 3.715% and are accompanied by an APR yield of 3.881%.
Likewise, the flexible 3 year adjustable rate mortgages have been published at a rate of 2.511% and carry an APR yield of [email protected] The 5/1 adjustable rate mortgage deals have also being quoted at the same rate of 3.014% and come along with an APR yield of [email protected] The more flexible, 7/1 ARM options can be acquired from the bank at a rate of 3.352% and an APR yield of [email protected] today. The most flexible, 10 year ARM schemes continue being listed at a rate of 3.699% and carry along an APR yield of [email protected]
In the refinancing arena, the 30 year refinancing FRM loans are provided by the bank at a rate of 4.414%, which also carry an unchanged APR yield of 4.512%. The relatively short term, 15 year refinancing fixed rate mortgages continue coming out of TD Bank at a rate of 3.778% and are backed by an APR yield of 3.947%.
For the admirers of more flexible financing options, the bank provides 5 year refinancing adjustable rate mortgage loans at an interest charge equivalent to 10 year ARM deals and an APR yield of [email protected] On the other hand, the 7 year ARM options come with an interest rate of 3.414% and bear an APR yield of [email protected] to start with.
According to a recent survey, TD Banks mortgage website ranked among the Top 5 in terms of falling short of the home loan seekers’ needs and being overly complicated or less useful. The survey revealed that TD Banks mortgage page did guarantee maximum uptime and remained unavailable for the most number of times. Moreover, its website has been considered 13% less useful, 8% less engaging and with 26% less conversion rate in comparison to the other websites.
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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