Toronto Dominion Bank (NYSE: TD) made no changes to its mortgage home loan rates on January 6, 2014. According to the new mortgage information released by the Canadian mortgage lender today, the benchmark 30 year fixed mortgage interest rates are hanging around the same block as yesterday.
As of now, the customers can find the standard 30 year fixed rate mortgage home loan deals being advertised at an interest rate of 4.688% and yielding an annual return of 4.803%. In the short term lending section, the mortgage shoppers can find the 15 year fixed rate mortgage home loan packages being published against a lending charge of 3.688% and carrying an APR yield of 3.883%. The customers can also find the FHA approved 30 year FRM deals listed in the bank’s books at a rate of 4.125% and a higher APR yield of 5.285%.
For the seekers of variable rate lending options, the bank offers 3 year adjustable rate mortgage deals at an interest rate of 2.688% and an APR yield of 2.938%. However, the best 5 year adjustable rate mortgage home loans can now be obtained by paying an interest cost of 3.312% and agreeing to an APR yield of 3.131%.
Alternatively, the more flexible, 7 year adjustable rate mortgage packages are priced at an interest cost of 3.562% and are accompanied by an APR yield of 3.299% to start with. The most flexible, 10 year adjustable rate mortgage home loans are coming out at a starting interest cost of 3.812% and are backed by an annual return of 3.558% today.
In the refinancing arena, the potential customers can find the 30 fixed rate mortgage home loan deals being published against a lending rate of 4.938% and an APR yield of 5.055%. However, the relatively shorter, 15 year refinancing fixed rate mortgage deals can be grabbed at a rate of 3.938% and an APR yield of 4.134% today.
When it comes to the adjustable rate mortgage options, the potential home buyers can find the 5 year refinancing ARM loans being rated at 3.562% and carrying an APR yield of 3.219%. However, the more flexible, 7 year refinancing ARM plans are tagged with an interest cost of 3.812% and an APR yield of 3.418%.
Lately, the 90 Broad Hollow Road, East Farmingdale branch of TD Bank was robbed by a thief. The robber, described as a white male in his mid-20s and about 6 feet 4-6 inches tall approached the teller wearing a red and black hooded jacket and produced a note stating that he had a gun and is to be provided with a certain amount of cash. The teller complied and gave him the cash, after which, the robber fled through the parking lot.
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.