TD Bank Quotes Improved Mortgage Interest Rates on March 14, 2014

At the largest foreign mortgage provider operating in the US mortgage market, Toronto Dominion Bank (NSYE: TD), the benchmark 30 year fixed mortgage interest rates experienced a pleasant improvement on March 14, 2014. As compared to the figures recorded yesterday, the interested customers will find the ideal home purchase and home refinancing loans published at lower interest rates today.

According to the most up to date mortgage information made available for the customers, the standard, long term, 30 year fixed rate mortgage home loans are being traded at an interest rate of 4.562% and are accompanied by an annual percentage rate of 4.676% today. The relatively shorter, 15 year fixed rate mortgage home loan deals can now be acquired at a lending price of 3.562% and an APR yield of 3.756% today.

For the eligible borrowers, who are interested in acquiring ideal home loans at flexible interest rates, the bank is currently offering its best 3 year adjustable rate mortgage home loans at a starting interest rate of 2.688% and an APR yield of 2.839% to begin with. On the other hand, the 5 year adjustable rate mortgage home loans can be seen tagged at an interest price of 3.188% and offering an APR yield of 3.005% today.

The mortgage shoppers, who are seeking more flexibility in terms of interest rates, the 7 year adjustable rate mortgage deals would be an ideal pick at an interest rate of 3.348% and an APR yield of 3.172% today. However, the most flexible, 10 year adjustable rate mortgage loan plans can now be locked in at an interest price of 3.688% and an annual percentage yield of 3.431% during the starting years of the home loan tenure.

When it comes to the refinancing home loan options, the customers can find the popular 30 year fixed rate mortgage deals being advertised at an interest rate of 4.812% and carrying an APR yield of 4.928% this Friday. However, in the short term lending section, the 15 year refinancing fixed rate mortgage home loans are published against a starting interest charge of 3.812% and an APR yield of 4.008% today.

As far as the adjustable rate mortgage home loans are concerned, the home loan seekers can opt for the best 5 year refinancing variable rate mortgage plans, which are now traded at a starting interest rate of 3.438% and are backed by an APR yield of 3.093% to begin with. However, the more flexible, 7 year refinancing adjustable rate home loan schemes are up for grabs at a starting interest price of 3.688% and an APR yield of 3.290% on the starting amount of home loan secured 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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About the author

Rob is a analyst and reporter covering stocks and business news.