Following its usual pricing approach, the popular Canadian lender, Toronto Dominion Bank (NYSE: TD) took a decision to quote unchanged benchmark 30 year fixed mortgage interest rates on July 17, 2014. The qualified borrowers, who are planning on securing ideal funds for their new home purchase or refinancing investments from TD bank today, will find no change in the lending rates as compared to yesterday.
For the borrowers, who are interested in more flexible lending rates, the bank quotes 7 year adjustable rate mortgage home loan deals in its loan books at a starting interest rate of 3.375% and an annual percentage rate of 3.147% today. The 10 year adjustable rate mortgage home loan packages can now be seen listed at an interest rate of 3.625% and an annual percentage rate of 3.396% on the initial amount of home loan secured from the bank.
Shifting sights towards the refinancing home loan section, the interested home loan seekers can now spot the popular 30 year fixed rate mortgage home loan options being listed at an interest rate of 4.312% and an APR yield of 4.132%. The relatively shorter, 15 year fixed rate mortgage home loans are up for grabs at a lending cost of 3.562% and an APR yield of 3.767% this Thursday.
As far as the adjustable rate home loans are concerned, the potential customers can find the best 5 year refinancing deals being traded at an interest rate of 3.312% and an APR yield of 3.054% during the initial years of the home loan tenure. The 7 year refinancing adjustable rate mortgage home loans can now be locked in at an interest rate of 3.438% and an APR yield of 3.178% to start with.