Following its normal pricing approach, the popular Canadian mortgage provider, Toronto Dominion Bank (NYSE: TD), decided to quote unchanged benchmark 30 year fixed mortgage interest rates on September 2, 2014. The eligible borrowers, who are willing to secure ideal home purchase or refinancing home loans from TD Bank today, will find no change in the lending rates as compared to yesterday.
Today, as per the most up to date mortgage information provided by the bank, the standard, long term, 30 year fixed rate mortgage home loan deals are coming out at an interest rate of 4.250% and are backed by an annual percentage rate of 4.367%. The relatively shorter, 15 year fixed rate mortgage home loan packages can now be secured at an interest cost of 3.500% and an APR yield of 3.702% today.
In the adjustable rate home financing section, the interested borrowers can find the popular 3 year adjustable rate mortgage loans being quoted at a starting interest rate of 2.875% and carrying an APR yield of 2.884% to start with. The 5 year adjustable rate mortgage home loan schemes can now be secured at an interest price of 3.375% and an APR yield of 3.075% during the initial years of the home loan tenure.
The mortgage shoppers, who are looking for more flexible home loan deals, the bank is offering its 7 year adjustable rate mortgage home loan deals at a starting interest rate of 3.500% and an APR yield of 3.206% this Tuesday. The most flexible, 10 year adjustable rate mortgage home loan plans are now quoted in the bank’s home loan portfolio against an interest rate of 3.625% and an APR yield of 3.396% to begin with.
Heading towards the refinancing home loan division, the interested home loan seekers can now find the popular 30 year fixed rate mortgage home loan options being quoted at a lending rate of 4.312% and an annual percentage yield of 4.431%. The short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage loans can now be secured by bearing a lending price of 3.562% and an APR yield of 3.767% today.
When it comes to flexible home loan deals, the bank is currently offering its best 5 year refinancing adjustable rate mortgage deals at an interest rate of 3.438% and an APR yield of 3.099% on the principal amount of home loan secured from the bank. The more flexible, 7 year refinancing variable rate home loans are now up for grabs at an interest rate of 3.562% and an APR yield of 3.237% 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.