Choosing to walk down the same thoroughfare, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), made no change to the figures of its benchmark 30 year fixed mortgage interest rates on April 24, 2014. The eligible home loan borrowers, who are planning on visiting the local branches of TD bank today, will find the home purchase and refinancing mortgage deals being traded at the same interest rate as yesterday.
As per the most recent mortgage data released by the bank, the standard, long term, 30 year fixed rate mortgage home loan deals are still being traded at an interest rate of 4.500% and being accompanied by an annual percentage rate of 4.612% today. On the other hand, the relatively shorter, 15 year fixed rate mortgage home loans can be locked in at an interest rate of 3.625% and an annual percentage yield of 3.817%.
Heading towards the variable rate financing section, the interested customers can spot the best 3 year fixed rate mortgage loans being advertised at an interest rate of 2.750% and being backed by an APR yield of 2.851% to start with. Alternatively, the 5 year adjustable rate mortgage home loan packages are now coming out at an interest rate of 3.250% and an annual percentage return of 3.025% this Thursday.
In the more flexible home loan division, the bank is now offering its 7 year adjustable rate mortgage home loan packages at a starting interest rate of 3.500% and an annual percentage rate of 3.200% to start with. On the other hand, the 10 year adjustable rate mortgage home loans are now up for grabs at a starting lending rate of 3.750% and an annual return rate of 3.468% today.
With regards to the refinancing home loan deals, the potential home buyers can spot the popular 30 year fixed rate mortgage plans being advertised at an interest rate of 4.562% and an APR yield of 4.676% this Thursday. However, the short term, 15 counterparts of the 30 year refinancing fixed rate mortgage home loans can now be locked in at an interest rate of 3.688% and an annual return rate of 3.883%.
As far as the adjustable rate mortgage loans are considered, the Canadian lender offers its 5 year refinancing home loan deals at a starting interest rate of 3.312% and an APR yield of 3.048% to begin with. On the other hand, the more flexible, 7 year refinancing variable rate home loans are now carrying an interest rate of 3.562% and an APR yield of 3.231% during the initial years of the home loan period.
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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