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Today’s Mortgage Home Loan Rates at TD Bank (January 20, 2014)

Today’s Mortgage Home Loan Rates at TD Bank (January 20, 2014)

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Today’s Mortgage Home Loan Rates at TD Bank (January 20, 2014)

Todays Mortgage Home Loan Rates at TD Bank January 20 2014Toronto Dominion Bank (NYSE: TD), one of the largest foreign mortgage lenders operating in the US mortgage market, tweaked its mortgage interest rates on January 20, 2014, by driving them up to a higher level in comparison to the figures recorded by the end of the previous week. The mortgage borrowers, who plan on visiting TD bank branches for ideal financing options, will find the benchmark 30 year fixed mortgage interest rates sitting at a higher spot this Monday.

As of now, the standard, long term, 30 year fixed rate mortgage home loan deals are coming out at an interest rate of 4.562%, which is a bit higher than the previously recorded interest figures, and carry an APR yield of 4.551%. The shorter, 15 year fixed rate mortgage home loan options are now being traded at a lending cost of 3.562% and are backed by an APR yield of 3.756% today.

For the qualified borrowers, who are interested in variable lending rates, the bank offers its best 3 year adjustable rate mortgage home loans at an interest rate of 2.562% and an APR yield of 2.910% to start with. On the other hand, the best 5 year adjustable rate mortgage home loans are now carrying an interest tag of 3.062% and are accompanied by an APR yield of 3.043% today.

The mortgage shoppers who are looking forward to enjoy more flexible interest rates can go for the 7 year adjustable rate mortgage deals, which are now quoted at an interest price of 3.312% and are backed by an APR yield of 3.181% today. The more flexible, 10 year adjustable rate mortgages are now up for grabs at a starting interest price of 3.688% and are backed by an APR yield of 3.480%.

In case of the refinancing lending options, the popular 30 year fixed rate mortgage deals are being rated at 4.625% and offer an APR yield of 4.803% to the interested borrowers. When it comes to short term lending options, the 15 year refinancing FRM home loans can be had at an interest rate of 3.625% and an APR yield of 3.812% today.

As far as the adjustable rate mortgage options are concerned, the potential home loan borrowers can spot the best 5 year refinancing packages being traded at a lending rate of 3.250% and an APR yield of 3.131% to begin with. However, the more flexible, 7 year refinancing ARM home loans are now up for grabs at a starting interest cost of 3.500% and an APR yield of 3.299%.

Since the mortgage interest rates fluctuate on the basis of changes in the price of MBS’s, which trail the stock market movements, TD bank changed its mortgage rates as the stock market lost its ground by the end of the trading day and left the DJIA index at 15337.70. However, irrespective of rates, the stock price of TD shares rose by +0.64% and closed at 84.74.

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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