The mortgage interest rates, at which, the new home purchase as well as refinancing home loans are being advertised at the Canadian lender, Toronto Dominion Bank (NYSE: TD), experienced no movement on March 17, 2014. Today, the interested mortgage borrowers will not have to deal with any kind of surprises as far as the fixed and flexible lending options are considered.
To start with, in the standard, long term home financing arena, the 30 year fixed rate mortgage home loan deals are being traded at an interest price of 4.438% and are backed by an annual percentage rate of 4.551% today. However, for the mortgage shoppers, who are planning on boarding the shorter road to home financing, the bank is offering 15 year fixed rate mortgage options at an interest rate of 3.438% and an APR yield of 3.632% today.
In the flexible home loan division, the bank is currently offering the 3 year adjustable rate mortgage home loan at an interest price of 2.562% and an annual return rate of 2.812% to begin with. However, the potential customers can also find the 5 year adjustable rate mortgage home loans being traded at an interest rate of 3.062% and an annual return rate of 2.961% during the initial years of the home loan.
For the home loan seekers, who are interested in having more flexible interest rates, the bank is currently offering 7 year adjustable rate mortgage home loan deals at an interest rate of 3.312% and an APR yield of 3.113%. The most flexible, 10 year adjustable rate home loan options are now up for grabs at a starting interest cost of 3.562%, yielding an APR of 3.352% to start with.
Heading towards the refinancing arena, the mortgage borrowers can find the popular 30 year fixed rate mortgage home loans being advertised at an interest rate of 4.688% and carrying an annual return rate of 4.803% today. In the relatively shorter home refinancing section, the 15 year refinancing fixed rate home loans can be found listed against an interest charge of 3.688% and an APR yield of 3.883%.
As far as the flexible home loan deals are considered, the Canadian mortgage lender is offering the best 5 year refinancing adjustable rate home loans at an interest price of 3.312% and an APR yield of 3.048% today. On the other hand, the more flexible, 7 year refinancing adjustable rate mortgage loan options are now up for grabs at an interest rate of 3.562% and an APR yield of 3.231% to begin 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.