This Friday, the borrowers who are looking forward to secure ideal home loan deals for funding their new home purchase or refinancing plans from the popular Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), will find no change in the mortgage interest rates on July 11, 2014. The benchmark 30 year fixed mortgage interest rates remained unchanged today, which did not affect the overall demand of TD home loan products in the market.
The seekers of more flexible home loan rates can now opt for the 7 year adjustable rate mortgage plans, which are published in the bank’s books against an interest rate of 3.375% and an APR yield of 3.141%. The best 10 year adjustable rate mortgage plans can now be secured at a lending rate of 3.625% and an APR yield of 3.389% today.
In the refinancing mortgage home loan division, the potential borrowers can spot the popular 30 year fixed rate mortgage home loans being advertised at an interest rate of 4.312% and yielding an APR of 4.424% today. The relatively shorter, 15 year refinance fixed rate mortgage schemes are now up for grabs at an interest rate of 3.688% and an APR yield of 3.883%.
For the mortgage shoppers, who are planning on enjoying more flexibility in terms of interest rates, the bank is currently offering its best 5 year refinancing adjustable rate mortgage home loans at an interest rate of 3.312% and an APR yield of 3.048% today. The more flexible, 7 year refinancing adjustable rate mortgage home loan deals can be found listed in the bank’s home loan portfolio against a starting interest rate of 3.438% and an annual return rate of 3.172% to begin with.