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Today’s Mortgage Interest Rates at TD Bank Remain Steady (May 15, 2014)

Today’s Mortgage Interest Rates at TD Bank Remain Steady (May 15, 2014)

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Today’s Mortgage Interest Rates at TD Bank Remain Steady (May 15, 2014)

Today's Mortgage Interest Rates at TD Bank Remain Steady (May 15, 2014)Staying focused on its usual course, the Canadian lender, Toronto Dominion Bank (NYSE: TD), made no change to the benchmark 30 year fixed mortgage interest rates on May 15, 2014. According to the new mortgage information released the bank today, the standard home purchase and refinancing deals are coming out at the same interest rates as yesterday, which is certainly good news for the home loan borrowers.

As far as the standard, long term home loan offerings are considered, the bank publishes its 30 year fixed rate mortgage loans at an interest rate of 4.375% and an annual percentage rate of 4.486% today. For the borrowers interested in relatively shorter home loan options, the bank is now offering its 15 year fixed rate mortgage home loans at an interest rate of 3.500% and an annual percentage yield of 3.691% today.In the adjustable rate mortgage home loan section, the mortgage shoppers can find the best 3 year variable rate home loan plans coming out at an interest price of 2.750% and an APR yield of 2.851% to begin with. The somewhat more flexible, 5 year adjustable rate mortgage home loans are now available at an interest rate of 3.125% and are carrying an APR yield of 2.981% during the initial years of the home loan tenure.For the borrowers, with more flexible home loan needs, the bank offers its best 7 year adjustable rate mortgage home loan options at a starting interest rate of 3.375% and an APR yield of 3.141% this Thursday. The most flexible, 10 year adjustable rate mortgage home loan schemes can be seen coming out at an interest rate of 3.625% and an APR yield of 3.389% on the basic amount of home loan secured from the bank.

In the refinancing home loan section, the interested customers can secure the popular 30 year fixed rate mortgage home loan options at an interest rate of 4.438% and an APR yield of 4.551%. In the short term home refinancing segment, 15 year fixed rate mortgage home loan plans are up for grabs at an interest rate of 3.562% and an APR yield of 3.756% this Thursday.

Heading towards the adjustable rate home financing section, the mortgage shoppers can find the best 5 year refinancing deals coming out at an interest rate of 3.188% and an APR yield of 3.005% during the initial years of the loan tenure. The more flexible, the 7 year refinancing adjustable rate mortgage home loans can be locked in at an interest cost of 3.438% and an APR yield of 3.172% 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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