Moving with the flow, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), decided to offer its standard home purchase and refinancing home loan deals at the same interest rates on April 4, 2014. This Friday, the interested mortgage shoppers, will find no absolute change in the figures of benchmark 30 year fixed mortgage interest rates, as against the figures published yesterday.
Starting off with the standard, long term financing options, the bank currently offers its best 30 year fixed rate mortgage deals at an interest rate of 4.625% and an annual percentage yield of 4.738% today. For the borrowers, who are willing to take the shorter route towards home financing, the bank offers its ideal 15 year fixed rate mortgage home loan packages at an interest rate of 3.625% and an annual percentage rate of 3.817% this Friday.
In the flexible home loan department, the interested customers can spot the popular 3 year adjustable rate mortgage deals being published against a lending charge of 2.875% and an APR return of 2.878% today. However, the 5 year adjustable rate home loan plans can be locked in at a lending rate of 3.250% and an annual return rate of 3.025% to begin with.
On the other hand, the borrowers interested in more flexible interest rates, can reap the benefits of the best 7 year adjustable rate home loan plans, which are now advertised at an interest rate of 3.625% and an APR yield of 3.259% today. Alternatively, the 10 year adjustable rate mortgage home loan schemes are now up for grabs at an interest rate of 3.875% and an annual percentage return of 3.547% towards the end of the week.
Shifting interests towards the refinancing loan section, mortgage shoppers can easily spot the popular 30 year fixed rate mortgage home loans sitting next to the same interest rate of 4.688% and carrying an APR yield of 4.803%. Alternatively, the shorter, 15 year refinancing fixed rate mortgage packages are now coming out at a lending rate of 3.688% and are backed by an APR yield of 3.883% today.
When it comes to the variable interest rate home loan plans, the bank is currently offering its best, 5 year refinancing adjustable rate mortgage options at an interest rate of 3.312% to begin with and an annual return of 3.048% today. On the other hand, the 7 year refinancing adjustable rate mortgage home loan plans are now being advertised at a starting interest rate of 3.688% and an annual percentage return of 3.290% during the starting years of the 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.