Towards the end of another trading week, the popular foreign mortgage lender, Toronto Dominion Bank (NYSE: TD), decided to keep its benchmark 30 year mortgage interest rates steady on June 20, 2014. In the most up to date mortgage information released by the bank this Friday, the ideal new home purchase loans as well as refinancing mortgage loans are being traded at the same interest rates as yesterday.
In the more flexible home loan section, the potential home buyers can spot the 7 year adjustable rate home loan deals being traded at a starting interest rate of 3.375% and an APR yield of 3.141% to start with. The most flexible, 10 year adjustable rate mortgage home loan deals can be seen traded at a starting interest rate of 3.625% and an annual percentage rate of 3.389%.
Heading towards the refinancing division, the borrowers can spot the popular 30 year fixed rate home loans sitting next to an interest cost of 4.438% and carrying an APR yield of 4.551% today. The relatively shorter, 15 year counterparts of the 30 year refinancing fixed rate mortgage deals can now be secured at a lending rate of 3.562% and an APR yield of 3.756% this Friday.
For the home loan seekers, who are looking forward to secure flexible refinancing options, the bank publishes 5 year adjustable rate mortgage home loan packages in its loan portfolio against a lending price of 3.188% and an APR yield of 3.005%. The more flexible, 7 year refinancing variable rate home loans are now up for grabs at an interest rate of 3.438% and an APR yield of 3.172% to begin with.