Summary of Today’s Mortgage Rates at TD Bank – August 15, 2014
Sticking to its usual pricing policy, the popular Canadian mortgage financier, Toronto Dominion Bank (NYSE: TD), chose to keep its benchmark 30 year fixed mortgage interest rates unaltered on August 15, 2014. As per the most recent mortgage charts released by the bank this Friday, the ideal home purchase as well as standard refinancing home loan plans can be had at the same lending rates as yesterday.
Today, in the standard, long term home loan section, the potential home buyers can spot the 30 year fixed rate mortgage deals being published at an interest rate of 4.375% and an annual percentage rate of 4.493%. For the mortgage shoppers, who are looking forward to take a shorter route to finance their home purchase, the bank offers its popular, 15 year fixed rate mortgage home loan deals at an interest rate of 3.375% and an annual percentage yield of 3.721% today.
The mortgage borrowers, who are unable to secure conventional home loans owing to their poor credit score of the past, or their inability to deal with expensive down payments, can opt for the FHA insured 30 year fixed rate mortgage home loans, which are now being traded at an interest rate of 4.000% and carrying an APR yield of 5.160% this Friday.
In the variable rate mortgage section, the mortgage shoppers can find the best 5 year adjustable rate home loans being listed next to an interest rate of 3.250% and being backed by an annual return rate of 3.031% to start with. The more flexible, 7 year adjustable rate mortgage loan deals can now be locked in at a lending rate of 3.375% and an APR yield of 3.147% during the initial years of the home loan period.
A closer look at the refinancing mortgage section will reveal that the popular 30 year fixed rate mortgage home loans are being traded at an interest rate of 4.438% and are carrying an APR yield of 4.558% this Friday. The short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage loans are now up for grabs at an interest rate of 3.562% and an APR yield of 3.767%.
When it comes to flexible refinancing mortgage packages, the bank is currently offering its best 5 year adjustable rate mortgage deals at an interest rate of 3.312% and an APR yield of 3.054% to start with. The more flexible, 7 year refinancing adjustable rate mortgage home loans are can now be secured by bearing an interest cost of 3.438% and agreeing to an APR yield of 3.178% today.
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.