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Today’s Mortgage Interest Rates at TD Bank (March 18, 2014)

Today’s Mortgage Interest Rates at TD Bank (March 18, 2014)

Business

Today’s Mortgage Interest Rates at TD Bank (March 18, 2014)

After providing a fair share of pleasant surprises to the interested borrowers, the Canadian lender, Toronto Dominion Bank (NYSE: TD), is now offering its ideal home purchase and refinancing home loan deals at higher interest rates on March 18, 2014. The eligible mortgage shoppers can find the benchmark 30 year fixed mortgage interest rates sitting at a higher level this Tuesday, which will certainly impact the overall demand of the bank’s loan products in the market.

As of now, in the standard, long term home loan section of the bank’s portfolio, 30 year fixed rate mortgage deals are listed against a lending charge of 4.562% and are backed by an annual percentage rate of 4.676% today. On the other hand, the relatively shorter, 15 year fixed rate mortgage home loan deals are up for grabs at an interest rate of 3.562% and an annual return rate of 3.756%.

Shifting towards the variable rate financing options, the interested borrowers can spot the best 3 year fixed rate mortgage loans being advertised at a starting interest cost of 2.688% and an APR yield of 2.839% to begin with. However, the 5 year adjustable rate mortgage schemes are coming out with an interest tag of 3.062% today and are backed by an APR yield of 2.961% to start with.

In the more flexible home loan division, the bank is currently offering its best 7 year adjustable rate mortgage home loan options at an interest cost of 3.438% and an annual percentage yield of 3.172% to start with. Alternatively, the most flexible, 10 year adjustable rate mortgage home loan deals are up for grabs at a starting lending rate of 3.562% and an annual return rate of 3.352% during the initial years of the home loan.

Shifting sights towards the refinancing arena, the interested borrowers can find the popular 30 year fixed rate mortgage home loans being advertised against a lending charge of 4.812% and an APR yield of 4.928% today. On the other hand, the short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan deals can be secured at an interest rate of 3.812% and an APR yield of 4.008%.

As far as the adjustable rate mortgage loans are considered, the Canadian mortgage provider is offering its 5 year refinancing variable rate home loan deals at a starting interest cost of 3.312% and an APR yield of 3.048% to begin with. On the other hand, the more flexible, 7 year refinancing adjustable rate home loans are today now being tagged with an interest price of 3.688% and an APR yield of 3.290%.

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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