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Today’s Mortgage Rates at TD Bank – May 9, 2014

Today’s Mortgage Rates at TD Bank – May 9, 2014

Business

Today’s Mortgage Rates at TD Bank – May 9, 2014

Today's Mortgage Rates at TD Bank - May 9, 2014After reaching its worse point, the benchmark 30 year fixed mortgage interest rates experienced a decent improvement at the Canadian mortgage lender, Toronto Dominion Bank  (NYSE: TD) on May 9, 2014. As per the recent mortgage information released by the bank this Friday, the standard home purchase loans, as well as refinancing home loan packages, are coming out at somewhat reduced interest rates in comparison to yesterday.

This Friday, the eligible mortgage shoppers can spot the standard, long term, 30 year fixed rate mortgage home loan deals being advertised at an interest rate of 4.375% and carrying an annual percentage rate of 4.486%. In the short term home loan section, the potential home buyers can find the 15 year fixed rate mortgage home loans being offered by TD bank at an interest rate of 3.625% and an APR yield of 3.817% this Friday.

In the flexible lending division, the bank is currently offering its best, 3 year adjustable rate mortgage home loan packages at a starting interest price of 2.750% and an annual return rate of 2.851% to start with. The 5 year adjustable rate mortgage home loan options can now be locked in at an interest rate of 3.125% and an APR yield of 2.981% to start with.

The mortgage shoppers, who are seeking more flexible interest rates, can lock in the best 7 year adjustable rate mortgage home loan deals, which are now advertised at an interest rate of 3.375% and are backed by an APR yield of 3.141% to begin with. The most flexible, 10 year adjustable rate mortgage options are up for grabs at an interest rate of 3.625% and an annual return rate of 3.389% today.

In the refinancing home loan section, the interested customers can find the popular 30 fixed rate mortgage home loan deals being traded at an interest rate of 4.438% and an APR yield of 4.551%. In the relatively short term home loan section, the 15 counterparts of the 30 year refinancing fixed rate mortgage home loans can be locked in at an interest rate of 3.688% and an APR yield of 3.883% today.

When it comes to variable rate financing options, the bank offers its best 5 year refinancing adjustable rate home loans at an interest rate of 3.188% and an APR yield of 3.005% to start with. The seekers of more flexible loan deals can spot the 7 year refinancing adjustable rate mortgage home loan packages coming out at an interest rate of 3.438% and an APR yield of 3.172% 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.

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