Walking along the same path as the other American mortgage lenders, Toronto Dominion Bank (NYSE: TD) made no change to the lending rates at which its standard home purchase and refinancing home loans are coming out on January 28, 2014. The interested mortgage shoppers will find no absolute change in today’s benchmark 30 year fixed mortgage interest rates as compared to the yesterday’s figures.
This Tuesday, standard, 30 year fixed rate, long term home loan packages are coming out at an interest cost of 4.5625 and are carrying an annual percentage rate equivalent to 4.676%. The interested borrowers can also spot the short term, 15 year fixed rate mortgage home loan plans coming out at an interest rate of 3.562% and being accompanied by an APR yield of 3.756%.
In the flexible lending division, the mortgage shoppers can spot the 3 year adjustable rate mortgage loans being traded at an interest rate of 2.688% and carrying an annual percentage yield of 2.938%. However, the 5 year adjustable rate mortgage options are now published at an interest rate of 3.188% and an APR yield of 2.938% to begin with.
The seekers of more variable interest rates can go for the ideal 7 year adjustable rate mortgage deals, which can now be acquired at a starting interest price of 3.438% and an APR yield of 3.240% today. The more flexible, 10 year adjustable rate home loan packages are now coming out at an interest price of 3.688% and are backed by a starting APR yield of 3.480%.
When it comes to refinancing home loan options, the prospective borrowers can acquire the popular 30 year fixed rate mortgage home loan deals, which are now carrying an interest tag of 4.812% and are backed by an annual return of 4.928%. Alternatively, the short term, 15 year refinancing FRM deals can be locked in at a rate of 3.812% and an APR yield of 4.008% today.
As far as the adjustable rate mortgage home loan packages are considered, the potential home loan borrowers can obtain the ideal 5 year refinancing deals by paying a starting interest cost of 3.438% and dealing with an annual return of 3.175%. However, the more flexible, 7 year refinancing adjustable rate mortgage options are up for grabs at a lending cost of 3.688% today and come along with
an APR yield of 3.359% to start with.
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.