A closer look at the most up to date mortgage information released by the Canadian lender, Toronto Dominion Bank (NYSE: TD), on August 11, 2014, will reveal that there is no change in the lending rates at which the standard home purchase and refinancing home loans are being traded in the market. The qualified borrowers, who plan on securing the needed finances from TD Bank, will find the benchmark 30 year fixed mortgage interest rates sitting on the same spot this Monday.
With regards to the long term mortgage offerings, the bank is charging an interest price of 4.375% and are offering an annual percentage yield of 4.493% to the customers who are interested in securing the standard, 30 year fixed rate mortgage home loan deals today. For the borrowers, who are interested in taking the shorter route towards home financing, the bank quotes its 15 year fixed rate mortgage home loans at an interest rate of 3.500% and an APR yield of 3.702% today.
Heading towards the flexible home loan section, the mortgage shoppers can spot 3 year adjustable rate mortgage home loan plans being advertised at an interest rate of 2.875% and backed by an APR yield of 2.983% during the starting years of the home loan tenure. The 5 year adjustable rate mortgage home loan packages can now be locked in at an interest cost of 3.250% and an annual return rate of 3.114% to begin with.
With regards to the more flexible mortgage options, the best 7 year adjustable rate mortgage home loan packages can be seen traded at a starting interest rate of 3.375% and an annual percentage yield of 3.215% to begin with. The most flexible, 10 year adjustable rate mortgage home loan deals can now be secured by bearing an interest cost of 3.625% and agreeing to an APR yield of 3.445% this Monday.
For the borrowers, who are planning on refinancing their existing realty investments, the bank offers its popular 30 year fixed rate mortgage loans at an interest rate of 4.438% and an APR yield of 4.558%. The short term, 15 year refinancing fixed rate mortgage home loan deals care now listed at an interest rate of 3.562% and an APR yield of 3.767% today.
When it comes to adjustable rate mortgage options, the 5 year refinancing deals can be seen quoted in the banks’ books at a starting interest rate of 3.312% and an APR yield of 3.137%. The more flexible, 7 year refinancing adjustable rate mortgage home loan options are now up for grabs at an interest cost of 3.438% and an APR yield of 3.246% this Monday.
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.