Following the trail of several other major mortgage lenders who are tweaking their lending rates a bit to make the loan options more popular in the eyes of the potential customers, Toronto Dominion Bank (NYSE: TD) also made certain changes to its financing options on December 27, 2013. Though the benchmark 30 year fixed mortgage interest rates remained unchanged, the flexible lending rates are experiencing an unexpected upward movement today.
As per the new mortgage rate charts released by the Canadian lender today, the standard 30 year fixed rate home loan deals can be obtained at an interest rate of 4.812% and an annual percentage rate of 4.928%. In the short term lending section, the borrowers can find the best 15 year fixed rate mortgage options quoted at a lending rate of 3.688% and an APR yield of 3.883% today.
In the adjustable rate mortgage division, TD Bank offers its best 3 year packages at an interest rate of 2.688% and an APR yield of [email protected] However, the more flexible, 5 year adjustable rate mortgage loans are now quoted at a higher interest cost of 3.312% and come along with an annual return of [email protected]
For the borrowers interested in more flexible interest rates, the modern lenders publishes the 7 year adjustable rate home loan schemes at a higher interest charge of 3.562% and an APR yield of [email protected] Likewise, the most flexible, 10 year variable rate mortgage loan schemes are now coming out at a higher interest cost of 3.812% and an APR yield of [email protected]
As far as the refinancing home loans are considered, the customers can find the 30 year fixed rate mortgage options listed at a rate of 5.062% and accompanied by an APR yield of 5.180% today. On the other hand, the relatively shorter, 15 year refinancing fixed rate mortgage finances can be acquired by bearing an interest burden of 3.938% and enjoying an annual return of 4.134% on the initial amount of loan taken from the bank.
The refinancing variable rate mortgage home loans are now tagged at a rate of 3.562% and carry an APR yield of [email protected] during the initial years of the loan. However, the more flexible, 7 year adjustable rate mortgage home loans can be had at a starting rate of 3.812% and offer an APR yield of [email protected] to start with.
Today, TD Bank has declared that the dividend announced earlier this month will be paid to the investors on record on January 6, 2014. TD Bank will be distributing another dividend worth 0.8084 per share on January 31, 2014, the ex-dividend date for which has been announced as January 2, 2014.
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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