This Friday, not defying the market movement and the steady approach followed by other mortgage providers, the popular Canadian lender, Toronto Dominion Bank (NYSE: TD), choose to publish unchanged benchmark 30 year fixed mortgage interest rates. In the most recent mortgage chart released by the bank on September 5, 2014, the standard home purchase as well as refinancing mortgage home loans can be seen traded at the same interest rates as yesterday.
In the standard, long term home loan section, the 30 year fixed rate mortgage home loans can be seen listed next to an interest rate of 4.250% today and are carrying an annual percentage rate of 4.367%. For the seekers of short term home loan deals, the bank now offers its best 15 year fixed rate mortgage options at an interest rate of 3.500% and an annual percentage yield of 3.702% today.
As far as the flexible rate home loan packages are concerned, the 3 year adjustable rate mortgage deals can be seen listed in the bank’s loan books at a starting interest rate of 2.875% and an APR yield of 2.884%. The 5 year adjustable rate mortgage home loans are now up for grabs at an interest rate of 3.375% and an annual return rate of 3.075% to start with.
Heading towards the more flexible adjustable rate mortgage arena, the interested borrowers can spot the 7 year flexible home loan deals quoted next to an interest rate of 3.500% and a starting APR yield of 3.206%. The most flexible, 10 year variable home loan schemes can now be locked in at an interest rate of 3.625% and an annual percentage return of 3.396% to start with.
In the refinancing mortgage section, TD Bank highlights its popular 30 year fixed rate mortgage home loan packages at an interest cost of 4.312% and an APR yield of 4.431%. The relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate home loans are now up for grabs at a lending rate of 3.562% and an APR yield of 3.767% today.
For the potential home buyers, who are planning on securing more flexible home loans, the 5 year refinancing adjustable rate mortgage loans would be perfect options at an interest rate of 3.438% and an APR yield of 3.099% to begin with. The more flexible, 7 year refinancing adjustable rate mortgage loan packages can now be locked in at a lending rate of 3.562% and an APR yield of 3.237% this Friday.
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.