Towards the end of the trading week, the popular Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), decided to make no alternations to its benchmark 30 year fixed mortgage interest rates on August 8, 2014. As per the most recent mortgage data released by the bank on today, the interested home buyers will find the ideal home purchase as well as standard refinancing deals being traded at same interest rates as yesterday.
As of now, the potential home buyers can spot the standard, long term, 30 year fixed rate mortgage deals being advertised at an interest cost of 4.375% and an annual percentage rate of 4.493% this Friday. In the short term lending section, the mortgage shoppers can find the 15 year fixed rate mortgage home loan options being listed next to an interest rate of 3.500% and carrying an APR yield of 3.702% today.
For the borrowers, who are interested in securing home loans at more flexible interest rates, the bank offers its best 3 year adjustable rate mortgage home loan schemes at an interest rate of 2.875% and an APR yield of 2.983%. The relatively more flexible, 5 year adjustable rate mortgage deals, are now up for grabs at an interest rate of 3.375% and an APR yield of 3.158% today.
For the seekers of more flexible home loan deals, the 7 year adjustable rate mortgage options would be perfect options at an interest rate of 3.500% and an APR yield of 3.274%. The most flexible, 10 year adjustable rate mortgage home loans are now quoted in the bank’s books against a starting interest rate of 3.625% and an APR yield of 3.448% to begin with.
In the refinancing home loan division, the popular 30 year fixed rate mortgage home loan deals are now published at an interest rate of 4.438% and are backed by an APR yield of 4.558%. The short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan packages are currently priced at an interest rate of 3.562% and are carrying an APR yield of 3.767% this Friday.
When it comes to adjustable rate home loan deals, the mortgage shoppers can spot the ideal 5 year refinancing loans being advertised at an interest rate of 3.438% and backed by an APR yield of 3.181%. The more flexible, 7 year refinancing adjustable rate mortgage options are now up for grabs at an interest rate of 3.562% and an APR yield of 3.305% today.
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.