This Tuesday, at the popular foreign mortgage financier, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates are holding firm. The interested mortgage shoppers, who are planning on stopping by the local branch of TD bank in search of ideal home purchase or refinancing deals on May 27, 2014, will find no change in the interest rates in comparison to the yesterday’s figures.
For the borrowers, who are interested in more flexible home loan rates, the bank publishes its 7 year adjustable rate mortgage home loans at an interest rate of 3.375% and an annual return rate of 3.141% on the principal amount of home loan taken from the bank. The most flexible, 10 year adjustable rate mortgage plans are now being traded at an interest rate of 3.500% and an annual return rate of 3.311% this Tuesday.
With regards to the refinancing home loan deals, the bank now offers its popular 30 year fixed rate mortgage loans at an interest rate of 4.438% and an annual percentage rate of 4.551% today. The relatively shorter, 15 year refinancing fixed rate mortgage home loan plans can now be locked in at an interest rate of 3.562% and an APR yield of 3.756% today.
When it comes to the adjustable rate mortgage options, the potential home buyers can find the ideal 5 year refinancing home loan deals being advertised at an interest rate of 3.188% and carrying an APR yield of 3.005% to start with. The more flexible, 7 year refinancing adjustable rate mortgage options are now carrying an interest tag of 3.438% and are offering an APR yield of 3.172% today.