Towards the end of yet another trading week, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), made no relative changes to the lending rates at which its standard home purchase and refinancing home loan deals are coming out on February 14, 2014. The mortgage shoppers will find no absolute change in the benchmark 30 year fixed mortgage interest rates this Friday.
According to the newly released mortgage rate charts, the standard, long term, 30 year fixed rate mortgage home loan deals are coming out at an interest rate of 4.438% and an APR yield of 4.551% today. On the other hand, the relatively shorter, 15 year fixed rate mortgage plans can be locked in at an interest price of 3.562% today and an annual percentage rate of 3.756%.
When it comes to flexible financing options, the bank is currently offering its ideal 3 year adjustable rate mortgage deals at a starting interest price of 2.688% and an annual percentage rate of 2.839% to begin with. However, the 5 year adjustable rate mortgage offerings can be locked in at an interest cost of 3.062% and an annual percentage rate of 2.961% to start with.
The seekers of more flexible home loan deals can go for the 7 year adjustable rate mortgage loan packages which are now published against a lending charge of 3.438% and are carrying an annual return rate of 3.172%. On the other hand, the 10 year adjustable rate home loan plans can be obtained at a lending cost of 3.688% and an annual percentage yield of 3.431% today.
For the mortgage shoppers, who are looking forward to refinance their existing properties, the bank publishes its popular 30 year fixed rate mortgage home loans in its portfolio at an interest rate of 4.688% and an APR yield of 4.803% today. Alternatively, the shorter, 15 year counterparts of the 30 year refinancing fixed rate home loan plans are coming out at an interest rate of 3.812% and an annual return of 4.008%.
As far as the adjustable rate mortgage loans are concerned, TD Bank is charging a starting interest cost of 3.312% from and offering an annual return of 3.048% to the borrowers, who are keen on locking in the 5 year refinancing variable rate home loan deals. The 7 year refinancing adjustable rate home loans, on the other hand, are coming out at an interest rate of 3.688% and an APR yield of 3.290% on the initial amount of loan taken from the bank.
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.