Moving along the same lines, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), decided to make no changes to its benchmark 30 year fixed mortgage interest rates on March 21, 2014. The eligible borrowers, who are seeking ideal home purchase or refinancing home loans from TD Bank this Friday, will have to deal with the same interest rates as yesterday, which will certainly not have any serious impact on the overall demand of its loan products in the market.
Today, in the standard, long term home loan department, 30 year fixed rate mortgage home loan deals are being advertised at an interest rate of 4.438% and are carrying an annual percentage rate of 4.551% today. However, in the relatively shorter home financing section, the bank is offering its 15 year fixed rate mortgage home loan deals at an interest rate of 3.438% and an annual return rate of 3.632% this Friday.
With regards to the flexible home loan options, the potential customers can find the best 3 year adjustable rate mortgage home loans being listed against an interest rate of 2.688% and being backed by an APR yield of 2.839% to begin with. On the other hand, the 5 year adjustable rate mortgage home loans are now coming out at an interest price of 3.062% and are backed by an APR yield of 2.961% during the starting years of the home loan tenure.
For the borrowers, who are interested in securing more flexible home loan deals, the bank is offering its best 7 year adjustable rate mortgage packages at a starting interest rate of 3.438% and an annual return rate of 3.172% to start with. Alternatively, the 10 year adjustable rate mortgage home loan deals can be locked in at a lending rate of 3.688% and an annual percentage rate of 3.431% today.
Shifting sights towards the refinancing division, the customers who are looking forward to refinance their existing investments, can spot the popular 30 year fixed rate mortgage home loans being published at an interest rate of 4.688% and being backed by an APR yield of 4.803% today. On the other hand, the short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan plans can be acquired at an interest rate of 3.688% and an APR yield of 3.883% this Friday.
As far as the flexible home loan deals are concerned, the Canadian mortgage lender is providing the 5 year refinancing adjustable rate home loans at a starting interest price of 3.312% and an APR yield of 3.048% to start with. However, the more flexible, 7 year refinancing adjustable rate mortgage home loan options can be seen tagged with an interest cost of 3.688% and offering an APR yield of 3.290% on the basic amount of home loan acquired from the bank.
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.