Moving along the same lines, the Canadian lender, Toronto Dominion Bank (NYSE: TD), managed to publish same benchmark 30 year fixed mortgage home loan rates on August 5, 2014. The interested borrowers, who are planning on securing new home purchase or refinancing deals from TD Bank this Tuesday, will find them listed at the same mortgage rates as yesterday.
To start with, in the standard, long term home financing division, the potential home buyers can find the 30 year fixed rate mortgage loans being listed at an interest rate of 4.375% and carrying an annual percentage rate of 4.493%. The relatively shorter, 15 year fixed rate mortgage home loan deals can now be acquired at an interest rate of 3.625% and an APR yield of 3.828% today.
In the flexible rate mortgage home loan section, the interested customers can find the ideal 3 year adjustable rate home loan options being listed at a starting interest rate of 2.875% and an APR yield of 2.884% to start with. For the seekers of relatively more flexible home loan deals, the 5 year adjustable rate mortgage packages are advertised at an interest rate of 3.250% and an annual percentage yield of 3.031% this Tuesday.
When it comes to more flexible lending options, TD bank quotes 7 year adjustable rate mortgage home loans at an interest rate of 3.500% and an annual percentage yield of 3.206% during the initial years of the home loan tenure. The most flexible, 10 year fixed rate mortgage home loans are now coming out at a starting lending rate of 3.625% and an APR yield of 3.396% to start with.
In the refinancing home loan section, the popular 30 year fixed rate mortgage home loans are now published against an interest rate of 4.438% and an annual return rate of 4.558% this Tuesday. For the borrowers interested in short term lending options, the 15 year refinancing fixed rate mortgage deals would be perfect options at an interest rate of 3.688% and an APR yield of 3.894% today.
For the mortgage shoppers, who are planning on securing flexible refinancing deals, 5 year adjustable rate mortgage deals would be a perfect pick at an interest rate of 3.312% and an APR yield of 3.054%. The more flexible, 7 year refinancing adjustable rate mortgage home loans can now be locked in at an interest rate of 3.562% and are carrying 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.