With the aim of retaining its loyal customers and attracting a new pool of potential home buyers, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), did not make any change to its benchmark 30 year fixed mortgage interest rates on June 3, 2014. This Tuesday, the eligible borrowers will find the standard new home purchase and ideal home refinancing plans being traded at the same lending rates as yesterday.
The mortgage shoppers, who are interested in home loans with more flexible interest rates, can now opt for the 7 year adjustable rate mortgage home loans, which are being traded at an interest price of 3.375% and are backed by an APR yield of 3.141%. The most flexible, 10 year adjustable rate mortgage plans are now up for grabs at an interest rate of 3.625% and an APR yield of 3.389% today.
Shifting sights to the refinancing home loan section, the interested borrowers can now find the popular 30 year fixed rate mortgage home loans being listed at an interest rate of 4.312% and an annual return rate of 4.424% today. The relatively shorter, 15 year refinancing fixed rate mortgage home loan deals are now up for grabs at an interest price of 3.438% and an APR yield of 3.632% today.
As far as the adjustable rate mortgage home loans are concerned, the bank offers its best 5 year refinancing options at an interest rate of 3.188% and an APR yield of 3.005% to begin with. For the seekers of more flexible interest rates, 7 year refinancing variable rate mortgage home loan plans would be perfect at an interest rate of 3.438% and an APR yield of 3.172% today.