Today’s Home Loan Rates – Conventional and Refinancing Mortgage Interest Rates at TD Bank on January 30, 2014
Today, according to the latest home loan information published by the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), the standard and refinancing home loan plans are coming out at the same interest rates as yesterday. The bank made no absolute change to its benchmark 30 year fixed mortgage interest rates on January 30, 2014, thereby keeping the demand of its loan products steady in the market.
As of now, the standard 30 year fixed rate mortgage home loans are coming out at an interest rate of 4.562% and are backed by an annual percentage rate of 4.676% today. In the short term lending section, the borrowers, who find 30 year deals a bit expensive, can acquire the 15 year fixed rate mortgage home loans at an interest rate of 3.562% and an APR yield of 3.756% today.
In the flexible lending division, the picture remained somewhat similar. The ideal 3 year adjustable rate mortgage home loans are still coming out at an interest rate of 2.688% and are accompanied by an annual percentage rate of 2.938% today. However, the 5 year adjustable rate mortgage deals are now being traded at the same interest cost of 3.188% and carry an APR yield of 3.087%.
For the admirers of more variable interest rates, the bank currently offers its more flexible, 7 year adjustable rate mortgage schemes at a starting interest rate of 3.438% and an annual percentage rate of 3.240% today. The 10 year adjustable rate home loan packages can be acquired at an interest cost of 3.688% and an APR yield of 3.480% to begin with.
Shifting sights towards the refinancing home loan division, the potential customers can lock in the popular 30 year fixed rate mortgage home loan plans at an interest cost of 4.812% and come along with an annual percentage rate of 4.928% today. On the other hand, the shorter, 15 year refinancing fixed rate mortgage home loans are tagged at an interest price of 3.812% and are backed by an APR yield of 4.008% today.
As far as the adjustable rate mortgage loans are considered, the potential mortgage borrowers can acquire the 5 year refinancing deals at a starting interest cost of 3.438% and are accompanied by an annual return of 3.175% during the initial years of the loan taken from the bank. However, the 7 year refinancing adjustable rate home loan plans are coming out at an interest cost of 3.688% and are backed by an annual return of 3.359% to start with.
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.