Summary of Mortgage Interest Rates Quoted by TD Bank on July 7, 2014
At the beginning of a new trading week, the popular Canadian lender, Toronto Dominion Bank (NYSE: TD), chose to keep its benchmark 30 year fixed mortgage interest rates unaltered on July 7, 2014. The interested mortgage shoppers, who are planning on visiting the local branches of TD Bank today, in search of proper home purchase or refinancing loans, will find no change in the lending rates this Monday.
In the more flexible lending section, the borrowers can spot the 7 year adjustable rate mortgage home loans are being advertised at an interest rate of 3.500% and are backed by an annual return rate of 3.200% on the principal amount of home loan taken from the bank. The most flexible, 10 year adjustable rate mortgage schemes are now coming out at a lending rate of 3.625% and an annual return yield of 3.389% to begin with.
As far as the refinancing mortgage options are concerned, the potential home loan seekers can opt for the best 30 year fixed rate home loans, which are now coming out at an interest rate of 4.312% and an APR yield of 4.424% today. In the short term home loan section, the bank is now offering its popular 15 year refinancing fixed rate mortgage loans at an interest price of 3.688% and an APR yield of 3.883%.
For the seekers of adjustable rate financing options, the bank offers its best 5 year refinancing deals at an interest rate of 3.438%, which come along with an APR yield of 3.175% to start with. The more flexible, 7 year refinancing adjustable loans can now be locked in at a starting i8nterest rate of 3.562% and are backed by an annual return rate of 3.231% this Monday.