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Today’s Mortgage Home Loan Rates at TD Bank – July 16, 2014

Today’s Mortgage Home Loan Rates at TD Bank – July 16, 2014

Business

Today’s Mortgage Home Loan Rates at TD Bank – July 16, 2014

Today's Mortgage Home Loan Rates at TD Bank - July 16, 2014Following the lead of several mortgage lenders, the popular Canadian lender, Toronto Dominion Bank (NYSE: TD), decided to quote unchanged benchmark 30 year fixed mortgage interest rates on July 16, 2014. The eligible mortgage shoppers, who are looking forward to visit the local branches of TD bank today, will find the standard new home purchase and ideal refinancing mortgage deals being traded at the same lending rates as yesterday.

As per the most recent home loan information released by the bank, the standard, long term, 30 year fixed rate mortgage home loan deals can be locked in at an interest rate of 4.250% and an annual percentage rate of 4.367% today. The relatively shorter, 15 year fixed rate mortgage home loans are now up for grabs at an interest rate of 3.500% and an annual percentage yield of 3.702%.Heading towards the flexible home financing section, the interested customers can spot the best 3 year fixed rate mortgage loans being traded at an interest rate of 2.875% and being backed by an APR yield of 2.884% to start with. The 5 year adjustable rate mortgage home loan packages are now being advertised at an interest rate of 3.250% and an annual percentage return of 3.031% this Wednesday.

For the borrowers who are seeking more flexible home loan packages, the bank now offers its 7 year adjustable rate mortgage home loan packages at a starting interest rate of 3.375% and an annual percentage rate of 3.147% to start with. The 10 year adjustable rate mortgage home loans can now be seen listed in the bank’s books at a starting lending rate of 3.625% and an annual return rate of 3.396% today.

When it comes to refinancing home loan deals, the potential home buyers can lock in the popular 30 year fixed rate mortgage plans by bearing an interest rate of 4.312% and an APR yield of 4.431% today. The relatively shorter, 15 counterparts of the 30 year refinancing fixed rate mortgage home loans are now up for grabs at an interest rate of 3.562% and an annual return rate of 3.767%.

As far as the variable rate mortgage loans go, the Canadian lender offers 5 year refinancing home loan deals at a starting interest rate of 3.312% and an APR yield of 3.054% during the initial years of the home loan tenure. The more flexible, 7 year refinancing flexible rate home loans are now quoted at an interest rate of 3.438% and an APR yield of 3.178% 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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

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