For the second day in a row this week, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), decided to make no change to its benchmark 30 year fixed mortgage interest rates. As per the most up to date mortgage information made available by the bank on June 24, 2014, the interested mortgage shoppers will find the ideal home purchase loans as well as refinancing deals coming out at same interest rates as yesterday.
For the seekers of more flexibility in terms of interest rates, the 7 year adjustable rate mortgage options would be an ideal option at an interest rate of 3.375% and an APR yield of 3.141%. The most flexible, 10 year adjustable rate mortgage home loans can now be seen listed in the bank’s books at a starting interest rate of 3.625% and an APR yield of 3.389%.
In the refinancing home loan section, the popular 30 year fixed rate mortgage home loan deals are now listed at an interest rate of 4.312% and are backed by an APR yield of 4.424%. The short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan packages are now coming out at an interest rate of 3.562% and an APR yield of 3.756% this Tuesday.
When it comes to adjustable rate mortgages options, the borrowers can lock in the ideal 5 year refinancing loans at an interest rate of 3.188% and an APR yield of 3.005%. The more flexible, 7 year refinancing adjustable rate mortgage options can now be seen coming out at an interest rate of 3.438% and an APR yield of 3.172%.