The popular Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), has decided to make no positive or negative changes to its benchmark 30 year fixed mortgage interest rates on September 1, 2014. The borrowers, who are planning on visiting the local branches of TD bank today, in search of ideal home purchase as well as refinancing loans, will find no change in interest rates as compared to yesterday.
In the standard, long term home loan division, bank is offering its 30 year fixed rate mortgage home loan packages at an interest rate of 4.250% and an annual percentage rate of 4.367% today. The relatively shorter and less expensive, 15 year fixed rate mortgage home loan options can now be seen traded at a lending rate of 3.500% and an annual percentage yield of 3.702% this Monday.
For the borrowers, who are looking forward to go for flexible rate home loan deals, the bank offers 3 year adjustable rate mortgage home loans at a starting interest rate of 2.875% and an APR yield of 2.884%. The more flexible, 5 year adjustable rate mortgage home loans can now be secured at an interest rate of 3.375% and an APR yield of 3.075% during the initial years of the home loan tenure.
The customers, who are keen on securing home loans at more flexible interest rates, can now secure the 7 year adjustable rate mortgage deals at an interest rate of 3.500% and are backed by an APR yield of 3.206% today. The more flexible, 10 year adjustable rate mortgages can now be locked in at a starting interest rate of 3.625% and an annual percentage yield of 3.396%.
In the refinancing mortgage home loan department, the interested customers can spot the 30 year fixed rate mortgage deals sitting next to an interest price of 4.312% and an APR yield of 4.431% this Monday. In the short term refinance home loan division, the 15 year refinancing fixed rate home loan packages are now coming out at an interest rate of 3.562% and an APR yield of 3.767% today.
When it comes to adjustable rate mortgage options, the potential home loan borrowers can find the best 5 year refinancing home loan deals being published at a lending rate of 3.438% and an APR yield of 3.099% to start with. The more flexible, 7 year refinancing adjustable rate home loans can now be secured 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.