This Tuesday, at one of the largest foreign mortgage lenders operating in the US market, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates did not experienced any positive or negative fluctuations. In the most up to date mortgage charts released by the bank on April 8, 2014, the home purchase and the refinancing deals are sitting next to the same interest rates as yesterday.
As of now, in the long term lending section, the customers can find the standard, 30 year fixed rate mortgage home loan deals being traded at an interest rate of 4.625% and carrying an annual percentage rate of 4.738%. On the other hand, in the relatively shorter lending section, the best 15 year fixed rate mortgage home loan options are now being advertised at a lending price of 3.500% and are backed by an APR yield of 3.691% today.
For the eligible borrowers, who are seeking more flexibility in terms of lending rates, the bank is currently offering its best 3 year adjustable rate mortgage home loan deals at an interest rate of 2.750% and an APR yield of 2.851% to begin with. However, the best 5 year adjustable rate mortgage loans are now coming out with an interest tag of 3.125% and are backed by an APR yield of 2.981% during the starting years of the home loan tenure.
The mortgage shoppers, who are looking forward to secure ideal home loans at more variable interest rates can opt for the 7 year adjustable rate mortgage options, which are now traded at an interest rate of 3.500% and are accompanied by an APR yield of 3.200% today. The most flexible, 10 year adjustable rate mortgage packages are now priced at an interest rate of 3.750% and are backed by an APR yield of 3.468% on the principal amount of home loan taken from the bank.
Heading towards the refinancing lending options, the popular 30 year fixed rate mortgage deals can be found coming out at an interest price of 4.688% and an annual percentage yield of 4.803%. When it comes to relatively shorter home refinancing options, the 15 year refinancing fixed rate mortgage home loans can be locked in at an interest rate of 3.625% and an APR yield of 3.756% today.
As far as the variable rate mortgage deals are concerned, the home loan borrowers can find the best 5 year refinancing adjustable rate mortgage deals being traded at a lending rate of 3.188% and an APR yield of 3.005% to start with. On the other hand, the more flexible, 7 year refinancing adjustable rate home loans are now up for grabs at a starting interest cost of 3.562% and an APR yield of 3.231% 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.