At one of biggest foreign mortgage provider in the American market, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates remained unchanged on September 17, 2014. In comparison to the figures published yesterday, the lending rates of ideal home purchase as well as refinancing mortgage home loans didn’t experience any change this Wednesday.
As per the most up to date mortgage information released by the bank today, the standard, long term, 30 year fixed rate mortgage home loans are being traded at an interest rate of 4.250% and are backed by an annual percentage rate of 4.367% today. The relatively shorter, 15 year fixed rate mortgage home loan packages can now be locked in at a lending rate of 3.500% and an APR yield of 3.702% today.
For the qualified borrowers, who are seeking mortgage loans at flexible interest rates, the bank is currently offering its best 3 year adjustable rate mortgage home loans at a starting interest rate of 2.875% and an APR yield of 2.884% to start with. The 5 year adjustable rate mortgage home loans can now be seen tagged with an interest price of 3.375% and an APR yield of 3.075% today.
The mortgage shoppers, who are planning on securing more flexible home loan deals, can now opt for the 7 year adjustable rate mortgage deals, which are coming out at an interest rate of 3.500% and an APR yield of 3.206% today. The most flexible, 10 year adjustable rate mortgage loan plans can now be seen published in the bank’s books against an interest price of 3.625% and an annual percentage yield of 3.396% during the initial years of the home loan tenure.
As far as refinancing home loan options are concerned, the customers can spot the popular 30 year fixed rate mortgage deals being traded at an interest rate of 4.312% and accompanied by an APR yield of 4.431% this Wednesday. In the short term lending section, the 15 year refinancing fixed rate mortgage home loans can be seen listed at a starting interest rate of 3.562% and an APR yield of 3.767% today.
When it comes to flexible rate mortgage home loans, the home loan seekers can go with the best 5 year refinancing variable rate mortgage plans, which are currently available at a starting interest rate of 3.438% and are backed by an APR yield of 3.099% to start with. The more flexible, 7 year refinancing adjustable rate home loan schemes can now be locked by bearing an interest price of 3.562% and an APR yield of 3.237% on the principal amount of home loan secured 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.