According to the most up to date mortgage information made available by the Canadian lender, Toronto Dominion Bank (NYSE: TD), on March 25, 2014, there is no absolute change in the interest rates at which the standard home purchase and refinancing home loans are being traded in the market. The eligible borrowers, who plan on obtaining the needed finances from TD Bank, will find the benchmark 30 year fixed mortgage interest rates holding their ground this Tuesday, which certainly won’t affect the demand of TD home loans in the market.
As of now, the bank is charging an interest price of 4.438% and are offering an annual percentage yield to the customers who are interested in securing the standard, long term, 30 year fixed rate mortgage home loan deals today. On the other hand, for the borrowers, who want to take the short cut, the bank publishes its 15 year fixed rate mortgage home loans against an interest rate of 3.438% and an APR yield of 3.632% today.
When it comes to the flexible home loan deals, the mortgage shoppers can spot the best 3 year adjustable rate mortgage home loan plans being advertised at an interest rate of 2.688% and an APR yield of 2.839% during the initial years of the home loan period. Alternatively, the 5 year adjustable rate mortgage home loan packages are now up for grabs at an interest cost of 3.062% and are accompanied by an annual return rate of 2.961% to begin with.
With regards to the more flexible home financing options, the best 7 year adjustable rate mortgage home loan schemes can be seen listed in the bank’s loan books against a starting interest cost of 3.438% and an annual percentage yield of 3.172% to begin with. On the other hand, the 10 year adjustable rate mortgage home loan deals can be acquired by bearing an interest burden of 3.688% and agreeing to an APR yield of 3.431% this Tuesday.
For the borrowers, who are keen on refinancing their current home investments, the bank is currently offering its popular 30 year fixed rate mortgage loans at an interest price of 4.688% and an APR yield of 4.803%. However, the short term, 15 year refinancing fixed rate mortgage home loan deals can be locked in at an interest rate of 3.688%, while enjoying an APR yield of 3.883% today.
As far as the adjustable rate mortgage loans are concerned, the 5 year refinancing deals can be secured at a starting interest rate of 3.312% and an APR yield of 3.048%. On the other hand, the more flexible, 7 year refinancing adjustable rate mortgage home loan options can be acquired from the Canadian lender by dealing with an interest cost of 3.688% and agreeing to an APR yield of 3.290% today.
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.