After surprising its users with sudden rise and fall in the lending rates for a long time, the Canadian lender, Toronto Dominion Bank (NYSE: TD), has long been offering its standard home purchase and refinancing home loan deals at same interest rates. Sticking to its customer-friendly course, in the mortgage charts published on April 22, 2014, TD Bank chose to make no change to its 30 year fixed mortgage interest rates yet again.
To start with, in the standard, long term home loan section, the bank is now offering the 30 year fixed rate mortgage deals at an interest rate of 4.500%, along with an annual percentage rate of 4.612% today. However, the relatively shorter, 15 year fixed rate mortgage home loan deals are now up for grabs at a lending rate of 3.625% and an annual percentage yield of 3.817% this Tuesday.
Shifting sights towards the flexible rate financing section, the interested borrowers can find the best 3 year fixed rate mortgage loans being listed against a starting interest rate of 2.750% and an APR yield of 2.851% to start with. On the other hand, the 5 year adjustable rate mortgage home loan plans are coming out at an interest rate of 3.250% and are carrying an APR yield of 3.025%, which is given on the principal amount of home loan acquired from the bank.
In the more flexible lending division, the bank offers its best 7 year adjustable rate mortgage home loan schemes at an interest rate of 3.500% and an annual percentage rate of 3.200% during the starting years of the home loan period. On the contrary, the most flexible, 10 year adjustable rate mortgage home loan options can be locked in at a starting interest rate of 3.750% and an annual return rate of 3.468% top begin with.
In the refinancing arena, the popular 30 year fixed rate mortgage home loans are now being traded at a rate of 4.562% and an APR yield of 4.676% today. However, the short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan deals are now up for grabs at an interest rate of 3.688% and an APR yield of 3.883%.
When it comes to the adjustable rate mortgage loans, the Canadian lender is offering its 5 year refinancing home loan plans at a starting interest rate of 3.312% and an APR yield of 3.048% during the starting years of the home loan tenure. Alternatively, the more flexible, 7 year refinancing adjustable rate home loans can now be secured at an interest price of 3.562% and an APR yield of 3.231%.
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.