Despite regular movements in the economy and the ever changing realty market conditions, the benchmark, 30 year fixed mortgage interest rates are holding firm at the popular Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD) on June 16, 2014. For the mortgage shoppers, who are planning on funding their realty investment through new home purchase or refinancing home loan deals, will find no change in the lending rates offered by the bank today.
In the more flexible home loan category, the bank is now offering its best 7 year adjustable rate mortgage home loan options at an interest rate of 3.500% and an annual percentage rate of 3.200% to begin with. The most flexible, 10 year adjustable rate mortgage home loan deals are up for now being traded at a starting interest rate of 3.625% and an annual return rate of 3.389% during the starting years of the home loan.
Heading towards the refinancing arena, the home loan seekers can find the popular 30 year fixed rate mortgage home loans being traded at a lending rate of 4.438% and an APR yield of 4.551% today. The short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan deals are now available at an interest rate of 3.688% and an APR yield of 3.883% today.
As far as flexible home loan options are considered, the TD Bank is offering its 5 year refinancing variable rate home loan deals at an interest cost of 3.312% and an APR yield of 3.048% to start with. The more flexible, 7 year refinancing adjustable rate home loans can now be locked in at an interest rate of 3.562% and an APR yield of 3.231%.