At the most popular foreign financier servicing the US mortgage industry, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates are holding their ground on May 21, 2014. Today, the interested borrowers, who are planning on financing their realty investment through TD Bank, will find the ideal home purchase and best home refinancing deals at the same interest rates as yesterday.
Now, for the borrowers interested in more flexible interest rates, the lender is offering its 7 year adjustable rate mortgage home loans being advertised at an interest rate of 3.250% and an APR yield of 3.082%. The most flexible, 10 year adjustable rate home loan packages are now quoted in the bank’s loan book at an interest rate of 3.500% and are being backed by an APR yield of 3.311% to begin with.
In the refinancing home loan section, the mortgage shoppers can spot the popular 30 year fixed rate home loan plans being listed at an interest rate of 4.438% and an annual percentage yield of 4.551%. The relatively short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage options are now up for grabs at an interest rate of 3.438% and an annual return rate of 3.632% this Wednesday.
When it comes to flexible home loan deals, the interested can go for the best 5 year refinancing deals, which are now priced at an interest rate of 3.062% and are carrying an APR yield of 2.961%. For the seekers of more flexible loan deals, the 7 year refinancing adjustable rate mortgage plans are being traded at an interest rate of 3.312% and an APR yield of 3.113% to start with.