Parting its way from the other mortgage lenders operating in the US financial sector, the Canadian mortgage provider, Toronto Dominion Bank (NYSE: TD), decided to keep its mortgage home loan rates steady on February 13, 2014. The interested borrowers, who are looking forward to obtain ideal loans for their home purchase or refinancing needs, will find no reason to be disappointed or elated when it comes to the benchmark 30 year fixed rate mortgage interest rates, which registered no absolute change this Thursday.
As of now, the potential borrowers will have to pay an interest cost of 4.438% and deal with an annual percentage rate of 4.551% for acquiring the standard, 30 year fixed rate long term mortgage home loan deals today. However, for the seekers of relatively shorter, 15 year fixed rate, mortgage home loans, the bank is charging an interest price of 3.562% and offering an APR yield of 3.756% today.
When it comes to flexible financing needs of the borrowers, the popular 3 year adjustable rate mortgage home loans would be an ideal pick at an interest rate of 2.562% and an APR yield of 2.812% to begin with. However, the 5 year adjustable rate mortgage home loans can be locked in at an interest price of 3.062% and an annual return rate of 2.961% today.
For the admirers of more variable interest rates, the bank is offering its best 7 year adjustable rate home loan schemes at a starting lending rate of 3.438% and an APR yield of 3.172% to start with. On the other hand, the most flexible, 10 year adjustable rate mortgage deals can be locked in at an interest rate of 3.688% and an APR yield of 3.431% during the initial years of the loan.
Heading towards the refinancing segment, the borrowers can find the 30 year fixed rate mortgage home loans published against an interest rate of 4.688% and carrying an annual return rate of 4.803% today. However, the short term, 15 year fixed rate mortgage home loan deals can be obtained at an interest price of 3.812% and an APR yield of 4.008%.
As far as the adjustable rate mortgage options are concerned, TD Bank is offering its best 5 year refinancing deals at an interest price of 3.312% today and an APR yield of 3.048% to begin with. However, the more flexible, 7 year refinancing adjustable rate mortgage plans can be locked in at a lending charge of 3.688% and an APR yield of 3.290% 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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