Following the same pricing approach, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), made little modifications to its benchmark 30 year fixed mortgage interest rate figures on May 22, 2014. The qualified mortgage shoppers, who are looking forward to finance their real estate investments from TD Bank, can find the ideal home purchase and refinancing home loan deals coming out somewhat changed interest rates this Thursday.
As of now, the customers, who are planning on securing the standard, long term home loans, can find the 30 year fixed rate mortgage packages being advertised at an interest rate of 4.375% and an APR yield of 4.486% today. On the other hand, the relatively shorter, 15 year fixed rate mortgage home loans are coming out at an interest rate of 3.562% and are backed by an APR yield of 3.756% today.
In the flexible home loan division, the bank is offering its best 3 year adjustable rate mortgage packages at an interest rate of 2.625% and an APR yield of 2.824% today. The relatively more flexible, 5 year adjustable rate mortgage home loans are now up for grabs at a lending rate of 3.125% and an APR yield of 2.981% on the principal amount of home loan taken from TD bank.
For the borrowers, who are yearning for more variable interest rates, the 7 year adjustable rate home loans would be perfect options at a starting interest rate of 3.375% and an annual percentage yield of 3.141%. The most flexible, 10 year adjustable rate mortgage home loan options are available at a starting interest rate of 3.500% and an APR yield of 3.311% today.
When it comes to refinancing home loan options, the Canadian lender quotes its popular 30 year fixed rate mortgage home loans in the home loan portfolio at an interest rate of 4.438% and an APR yield of 4.551% today. In the short term home loan section, the interested mortgage shoppers can spot the 15 year fixed rate mortgage home loan packages being advertised at an interest rate of 3.562% and an APR yield of 3.756% this Thursday.
Heading towards the adjustable rate mortgage loan section, the interested customers can find the best 5 year refinancing deals being priced at an interest rate of 3.188% and an APR yield of 3.005%. For the seekers of more flexible, 7 year refinancing adjustable rate mortgage home loans, are up for grabs at an interest rate of 3.438% and are carrying an APR yield of 3.172% 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.