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TD Bank’s Current Mortgage Interest Rates on August 18, 2014

TD Bank’s Current Mortgage Interest Rates on August 18, 2014

Business

TD Bank’s Current Mortgage Interest Rates on August 18, 2014

TD Bank's Current Mortgage Interest Rates on August 18, 2014At the popular Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates experienced no favorable or unfavorable changes on August 18, 2014. The potential home buyers, who are willing to drop by local branches of TD Bank in search of ideal home financing and refinancing loan packages, will find them traded at the same interest rates as towards the end of previous week.

At the beginning of a new trading week, the standard, long term, 30 year fixed rate mortgage home loans can be seen quoted in the bank’s books at an interest rate of 4.375% and an annual percentage rate of 4.493%. The mortgage shoppers, who are interested in short term home financing options, 15 year fixed rate mortgage home loans would be ideal choices at an interest rate of 3.500% and being backed by an annual return rate of 3.702% this Monday.

In the flexible rate home loan section, the bank now offers its best 3 year adjustable rate mortgage home loan packages at a starting interest rate of 2.875% and an annual percentage yield of 2.884% on the principal amount of home loan secured from the bank. The 5 year adjustable rate mortgage home loans are now up for grabs at an interest rate of 3.250% and an annual percentage rate of 3.031%.

For the borrowers, who are willing to secure more flexible home loan deals, the lender offers 7 year adjustable rate mortgage home loan packages at an interest charge of 3.500% and an APR yield of 3.206% during the initial years of home loan tenure. The most flexible, 10 year adjustable rate mortgage home loan options can now be seen seating next to lending rate of 3.625% and are carrying an annual percentage yield of 3.396%.

In refinancing home loan department, the borrowers, who are planning on refinancing their current realty investments, can spot the popular 30 year fixed rate mortgage home loans being traded at an interest rate of 4.438% and an APR yield of 4.558% today. The relatively shorter, 15 year refinancing fixed rate mortgage loans can now be seen advertised at an interest cost of 3.562% and an APR yield of 3.767% this Monday.

When it comes to adjustable rate mortgage loans, the bank now offers 5 year refinancing home loan deals at a starting interest cost of 3.312% and an APR yield of 3.054% today. The more flexible, 7 year refinancing adjustable rate mortgage home loan packages are now up for grabs at an interest rate of 3.562% and an APR yield of 3.237% 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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