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Summary of Mortgage Interest Rates Quoted by TD Bank on July 7, 2014

Summary of Mortgage Interest Rates Quoted by TD Bank on July 7, 2014

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Summary of Mortgage Interest Rates Quoted by TD Bank on July 7, 2014

Summary of Mortgage Interest Rates Quoted by TD Bank on July 7, 2014At the beginning of a new trading week, the popular Canadian lender, Toronto Dominion Bank (NYSE: TD), chose to keep its benchmark 30 year fixed mortgage interest rates unaltered on July 7, 2014. The interested mortgage shoppers, who are planning on visiting the local branches of TD Bank today, in search of proper home purchase or refinancing loans, will find no change in the lending rates this Monday.

As per the most recent mortgage information provided by the mortgage lender this Monday, the standard, long term, 30 year fixed rate mortgage home loans are listed at an interest rate of 4.250% and are backed by an annual percentage rate of 4.360%. In the short term home loan section, the customers can find the 15 year fixed rate mortgage packages being quoted at an interest rate of 3.625% and an APR yield of 3.817% today.In the flexible home financing department, the home loan seekers can find the 3 year adjustable rate mortgage home loans being traded at a lending rate of 2.875% and are accompanied by an APR yield of 2.878%. The little bit more flexible, 5 year adjustable rate mortgage home loan deals are now traded at an interest rate of 3.250% and an APR yield of 3.025%.

In the more flexible lending section, the borrowers can spot the 7 year adjustable rate mortgage home loans are being advertised at an interest rate of 3.500% and are backed by an annual return rate of 3.200% on the principal amount of home loan taken from the bank. The most flexible, 10 year adjustable rate mortgage schemes are now coming out at a lending rate of 3.625% and an annual return yield of 3.389% to begin with.

As far as the refinancing mortgage options are concerned, the potential home loan seekers can opt for the best 30 year fixed rate home loans, which are now coming out at an interest rate of 4.312% and an APR yield of 4.424% today. In the short term home loan section, the bank is now offering its popular 15 year refinancing fixed rate mortgage loans at an interest price of 3.688% and an APR yield of 3.883%.

For the seekers of adjustable rate financing options, the bank offers its best 5 year refinancing deals at an interest rate of 3.438%, which come along with an APR yield of 3.175% to start with. The more flexible, 7 year refinancing adjustable loans can now be locked in at a starting i8nterest rate of 3.562% and are backed by an annual return rate of 3.231% this Monday.

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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