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Summary of TD Bank Mortgage Interest Rates on August 29, 2014

Summary of TD Bank Mortgage Interest Rates on August 29, 2014

Business

Summary of TD Bank Mortgage Interest Rates on August 29, 2014

Summary of TD Bank Mortgage Interest Rates on August 29, 2014At the end of the trading week, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates are holding steady on August 29, 2014. A closer look at the latest mortgage data released by the bank on Friday will reveal that the lender made no absolute change in the lending rates at which the ideal home purchase and refinancing mortgage deals are being traded in comparison to the last week’s figures.

Today, in the standard, long term, home financing section, the bank published its 30 year fixed rate mortgage home loan rates at an interest rate of 4.250% and an annual percentage yield of 4.367%. In the relatively shorter home loan section, the 15 year fixed rate mortgage home loan schemes are available at a lending price of 3.500% and an annual percentage yield of 3.702%.

In the flexible home loan department, the bank is currently offering its best 3 year adjustable rate mortgage deals at an interest rate of 2.875% and an APR yield of 2.884% today. The relatively more flexible, 5 year adjustable rate mortgage home loans can now be locked in at a lending rate of 3.375% and an APR yield of 3.075% on the principal amount of home loan taken from bank.

The seekers of more flexible interest rates can now opt for 7 year adjustable rate mortgage packages, which are coming out at an interest price of 3.500% and an APR yield of 3.206% this Monday. The most flexible, 10 year adjustable rate mortgage home loan deals are now advertised at a lending rate of 3.625% and an APR yield of 3.396% today.

When it comes to refinancing home loan deals, the mortgage shoppers can spot the popular 30 year fixed rate mortgage options being listed at an interest rate of 4.312% and an annual percentage yield of 4.431% today. For the borrowers, who are looking forward to take a shorter route to refinance their existing investments, the bank offers 15 year refinancing fixed rate mortgage home loan options at a lending rate of 3.562% and an annual return rate of 3.767%.

In the flexible refinancing section, the interested buyers can see the 5 year adjustable rate mortgage home loans hanging around the same interest rate of 3.438% and carrying an APR yield of 3.099% to start with. For the borrowers interested in more flexible home loan rates, 7 year refinancing adjustable rate mortgage loans would be a perfect option at a starting interest rate of 3.562% and an APR yield of 3.237%.

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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