The Toronto Dominion Bank (NYSE: TD) kept its best 30 year fixed mortgage interest rates unaltered on November 21, 2013. The Canadian mortgage lender managed to maintain its position in the market by providing its best new and refinancing loans at the same rates to the interested borrowers.
Today, the 30 year fixed rate mortgage loans are now available at an interest rate of 4.352%, which have remained unchanged since the last week, and bear an annual percentage rate of 4.448%. As far as the short term financing options are considered, the bank continues to trade its 15 year fixed rate mortgage schemes at the same rate of 3.715% and carry an APR yield of 3.881%.
Being the topmost lender in the North American region, TD bank offers its 3 year variable home financing options at a rate of 2.511% and come along with an APR yield of 3ARMPA@. On the other hand, the 5 year adjustable rate mortgage loans are up for grabs at a rate of 3.014% and 5ARMPA@.
For the borrowers looking for more flexibility, the bank provides 7 year adjustable rate mortgage schemes at a rate of 3.352% and carries an annual percentage yield of 7ARMPA@. The 10 year ARM plans can be acquired by the home buyers who can bear an interest charge of 3.699% and are accompanied by an APR yield of 10ARMPA@.
When it comes to refinancing category, TD bank provides 30 year refinancing fixed rate mortgages at an interest rate of 4.414% and come along with an APR yield of 4.512%. The short term category, the 15 year refinancing FRMs are up for grabs at a rate of 3.778% and carry an APR yield of 3.947%.
For those who want to enjoy some flexibility in interest rates, the 5 year refinancing ARM loans seem to be a perfect choice at a rate which is same as the 10 year adjustable rate mortgage loans, and bear an APR yield of 5ARMA@. Also, the 7 year refinancing ARM deals can be acquired at an interest rate of 3.414% and carry an APR yield 7ARMRA@ for the initial days of loan.
The Toronto Dominion Bank has given a charity worth $1.5 million to 124 United Ways from Maine to Florida through its charitable arm, TD Charitable Foundation. United Ways primarily focuses on the long-term changes in the social areas of education, income as well as health in order to make the neighborhoods more healthy, educated and stable in terms of financial conditions.
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.