After experiencing regular ups and downs in the past few days, or rather weeks, Toronto Dominion Bank (NYSE: TD) again raised its standard 30 year mortgage interest rates to a higher scale in comparison to yesterday’s rates.
Today, TD bank published its benchmark 30 year fixed rate mortgage schemes at an elevated rate of 4.515%, as against yesterday’s quote of 4.407%, and carry an APR of 4.612% today. Also, the shorter version of the standard FRMs, the 15 year fixed rate mortgages are now quoted at a rate of 3.751% and an APR yield of 3.917%.
The bank also provides a wide range of flexible mortgage options under its adjustable rate mortgage head in the loan portfolio. Today, the best 3 year variable adjustable rate mortgages are quoted at a rate of 2.544% and carry an APR yield of [email protected] In the same chart, the flexible, 5/1 adjustable rate mortgage plans are listed at a rate of 3.033% and yield an annual percentage rate of [email protected]
TD Bank, today, made the 7 year ARMs available to the interested borrowers at an interest rate of 3.371%, carrying an APR yield of [email protected] The more flexible 10 year adjustable rate mortgage options have been quoted at an interest rate of 3.722% today and will accompany an annual percentage rate yield of [email protected]
On the other hand, there are some borrowers who are in need of refinancing options and do not want to go for the new house mortgage schemes. TD Bank has listed its standard 30 year refinancing fixed rate mortgages at a rate of 4.640%, which carries an APR yield of 4.739%. The bank also provides 15 year refinancing FRMs for those who need a short term mortgage, at a rate of 3.876%, along with an annual percentage yield of 4.046%.
As far as the refinancing adjustable rate mortgages are concerned, the bank today quoted its basic 5 year refinancing ARMs at a rate of 3.158% and an APR yield of [email protected] The more flexible, 7/1 refinancing adjustable rate mortgages are also provided by the bank at a rate of 3.496% and an APR yield of [email protected]
Of all the factors that affect the mortgage rates on a daily basis, there are some that cannot be really comprehended and might seem to be unrelated to the home loan market. The recent recognition of the Martine Irman, Vice President of TD Securities, for his efforts to support female investors in the Canadian capital market is one of them. He received the Women in Capital Markets Award for Leadership today for showing high level of commitment in advancing and supporting women in his area of operations.
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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