After enjoying a nice and quite a balanced month, the Canadian lender, Toronto Dominion Bank (NYSE: TD), decided to take its benchmark 30 year fixed mortgage interest rates to higher levels on April 30, 2014. As of now, the interested mortgage shoppers, who are planning on having their realty investments financed through TD bank, will find an unpleasant hike in the interest rates of the standard home purchase and refinancing home loan deals this Wednesday.
In the adjustable rate mortgage section, the interested borrowers can spot the ideal 3 year adjustable rate home loan deals being traded at a starting interest rate of 2.750% and an APR yield of 2.851% to start with. Alternatively, the 5 year adjustable rate mortgage deals can be secured at an interest rate of 3.250% and an annual percentage rate of 3.025% this Wednesday.
For the seekers of more flexibility in terms interest rates, TD bank is now offering its 7 year adjustable rate mortgage loans at a starting interest rate of 3.500% and an APR yield of 3.200%. However, the most flexible, 10 year adjustable rate mortgage home loan plans can be locked in at an interest rate of 3.750% and an annual return rate of 3.468% to start with.
In the refinancing arena, the popular 30 year fixed rate mortgage home loans can be seen advertised at an interest rate of 4.688% and being backed by an annual percentage rate of 4.803% today. On the contrary, the relatively shorter, 15 year refinancing fixed rate mortgage home loan plans are now up for grabs at an interest rate of 3.688% and an APR yield of 3.883% this Wednesday.
As far as flexible refinancing deals are considered, the bank offers its best 5 year adjustable rate mortgage home loan deals at an interest rate of 3.312% and an annual return rate of 3.048% today. The more flexible, 7 year refinancing adjustable rate mortgage home loan options are now coming out at an interest price of 3.562% and an APR yield of 3.231% to start with.