Mortgage Interest Rates at TD Bank Remain Firm on January 8, 2014
Toronto Dominion Bank (NYSE: TD) published its new home purchase and refinancing loans at the same interest rates on January 8, 2014. This Wednesday, the benchmark 30 year fixed mortgage interest rates maintained a steady pace at the Canada based mortgage lending organization.
The latest mortgage data published by the bank reveals that, just like yesterday, the standard, long term, 30 year fixed rate mortgage home loan deals are being traded at an interest rate of 4.688% today and carry an APR yield of 4.803%. However, the short term, 15 year counterparts of the 30 year fixed rate home loans, are now available at an interest cost of 3.688% and an APR yield of 3.883%.
In the variable rate lending division, the mortgage shoppers can see the 3 year adjustable rate home loans being listed against a lending charge of 2.688% and carrying an annual percentage rate of 2.938%. The 5 year ARM deals can now be had at a lending rate of 3.188% and an APR yield of 3.087%.
For more flexible interest rates, the customers can go for the 7 year adjustable rate mortgage home loans that are available at an interest cost of 3.438% today and come along with an APR yield of 3.240% during the initial years of the loan. The most flexible, 10 year ARM loans can be acquired by paying an interest cost of 3.812%, along with an APR yield of 3.558%.
For the seekers of ideal refinancing deals, the bank offers its popular 30 year fixed rate mortgage home loans at an interest cost of 4.938% and an annual return of 5.055%. The relatively shorter, the 15 year refinancing FRM home loans can be locked in at a lending rate of 3.938% and an APR yield of 4.134%.
When it comes to the adjustable rate financing options, the borrowers can find the 5 year refinancing deals being traded at a starting interest rate of 3.438% and an APR yield of 3.175%. On the other hand, the more flexible, 7 year refinancing adjustable rate mortgage schemes can be had at an interest cost of 3.688% today, along with a starting APR yield of 3.359%.
Toronto Dominion Bank has recently acquired the rights of renaming a sporting facility located at the new Lansdowne Park. According to the new deal, the bank will be renaming the stadium and the arena as TD Bank Place, which is a home to the Ottawa 67s ice hockey team, the Ottawa Redblacks Canadian Football League (CFL) team, and the Ottawa Fury North American Soccer League team.
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.