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Summary of Daily Mortgage Rates at TD Bank (1/10/2014)

Summary of Daily Mortgage Rates at TD Bank (1/10/2014)

Business

Summary of Daily Mortgage Rates at TD Bank (1/10/2014)

Summary of Daily Mortgage Rates at TD BankToronto Dominion Bank (NYSE: TD) published same mortgage interest rates on January 10, 2014. The potential home buyers who are interested in getting their home investment financed through TD bank will find no change in the benchmark 30 year fixed mortgage interest rates today.

As of now, the long term, 30 year fixed rate mortgage deals are coming out at an interest cost of 4.688% and are carrying an APR yield of 4.803% today. In the short term lending division, the mortgage shoppers can spot the shorter, 15 year fixed rate mortgage home loan plans, sitting next to an interest rate of 3.688% and carrying an APR yield of 3.883 today.

For the seekers of more flexible financing options, the bank offers its best 3 year adjustable rate mortgage home loan deals against a lending charge of 2.812% and an APR yield of 2.965%. The more flexible 5 year adjustable rate mortgage deals can be had at an interest rate of 3.312% and an APR yield of 3.131% today.

The 7 year adjustable rate mortgage options are also included in the bank’s portfolio at an interest rate of 3.562% and an APR yield of 3.299%. On the other hand, the 10 year ARM home loans are up for grabs at a starting interest rate of 3.812% and an APR yield of 3.558%.

In the refinancing home loan department, the popular 30 year fixed rate mortgage home loan deals are coming out at an interest rate of 4.938% and are carrying an APR yield of 5.055%. The short term, 15 year counter part of the 30 year refinancing fixed rate mortgage home loan packages are now published at an interest rate of 3.938% and an APR yield of 4.134%.

As far as the adjustable rate mortgages are concerned, the borrowers can acquire the ideal 5 year refinancing loans at an interest price of 3.562% and an APR yield of 3.219%. Alternatively, the more flexible, 7 year refinancing adjustable rate mortgage plans are coming out at an interest rate of 3.812% and an APR yield of 3.418%.

The home purchase and refinancing rates are often affected by the rise and fall in the prices of mortgage related securities, which usually move along the stock market. As Wall Street lost its ground today and left the DJIA index stranded at 15337.70, TD bank trailed along the same path for quoting its lending rates. Irrespective of home loan rates, the stock price of TD shares rose up by +0.54 and closed at 84.74.

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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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