Moving along the same lines, the Canadian lender, Toronto Dominion Bank (NYSE: TD), managed to quote same benchmark 30 year fixed mortgage home loan rates on June 2, 2014. The interested borrowers, who are planning on securing new home purchase loans or ideal home refinancing deals from TD Bank this Monday, will find them listed at the same lending rates as towards the end of previous trading week.
The potential home buyers, who seek more variable interest rates, can opt for the 7 year adjustable rate home loans at an interest rate of 3.438% and an annual percentage yield of 3.240% to begin with. For the seekers of more flexible home loan deals, 10 year adjustable rate home loans are now traded at a starting interest rate of 3.688% and an APR yield of 3.480% during the starting years of the home loan tenure.
As far as refinancing lending options are concerned, the Canadian mortgage provided now offers the popular 30 year fixed rate mortgage home loans at an interest rate of 4.312% and an APR yield of 4.424% today. In the short term refinancing section, the mortgage shoppers can spot the 15 year fixed rate mortgage home loan options being advertised at an interest rate of 3.438% and an APR yield of 3.632% this Monday.
For the mortgage shoppers, who are planning on opting for flexible refinancing deals, the best 5 year refinancing adjustable rate mortgage deals would be a perfect pick at an interest rate of 3.188% and an APR yield of 3.005%. The more flexible, 7 year refinancing adjustable rate mortgage home loans are now up for grabs at an interest rate of 3.438% and are carrying an APR yield of 3.172% to start with.