Connect with us

Today’s Mortgage Rates at TD Bank – July 4, 2014

Today’s Mortgage Rates at TD Bank – July 4, 2014

Business

Today’s Mortgage Rates at TD Bank – July 4, 2014

Today's Mortgage Rates at TD Bank - July 4, 2014Toward the end of the trading week, the potential home buyers, who are seeking ideal home purchase or refinancing home loan packages at impressive rates, can now spot the standard mortgage deals being traded at the same interest rates on July 4, 2014. The benchmark 30 year fixed mortgage interest rates still remained intact today, thereby do not affecting the overall demand of TD loan products in the market.

To start with, in the standard, long term home financing section, the 30 year fixed rate mortgage home loans are now traded at the same interest price of 4.250% and are backed by an annual percentage rate of 4.360% this Friday. In the short term home loan section, the bank now offers its 15 year fixed rate mortgage home loans at a lending rate of 3.625% and are accompanied by an APR yield of 3.817%.The mortgage shoppers, who find it difficult to secure conventional home loans owing to their poor credit rating or insufficiency of funds to service heavy down payment conditions, can lock in the FHA insured, 30 year fixed rate mortgage home loans offered by the bank. To secure the FHA approved loans, the interested borrowers have to bear an interest price of 3.875% and agree to an APR yield of 5.023%, which is relatively higher than the APR yield offered by non-FHA home loans.

In the adjustable rate mortgage section, the 5 year flexible rate mortgage plans can be found listed at a starting rate of 3.250% and an annual return of 3.025% today. For the seekers of more flexible home loan plans, the bank quotes its best 7 year adjustable rate mortgage schemes at a starting interest rate of 3.500% today and an annual percentage yield of 3.200% to begin with.

As of now, the popular 30 year refinancing fixed rate mortgage packages are being traded at an interest rate of 4.312% and an APR yield of 4.424% today. The short term, 15 year counterparts of the 30 year refinancing fixed rate home loan options can now be locked in at an interest rate of 3.688% and an annual return rate of 3.883% today.

When it comes to adjustable rate mortgage home loans, the interested customers can spot the 5 year refinancing deals being published at an interest rate of 3.312% and an APR yield of 3.048% to start with. The 7 year adjustable rate mortgage home loans are now up for grabs at an interest rate of 3.562% and an APR yield of 3.231% 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.

About Stephany Wilson

Stephany Wilson covers business and finance related news.

More in Business

Good News

To Top