Heading down its usual course, the famous Canadian lender, Toronto Dominion Bank (NYSE: TD), did not make any changes to the figures of its benchmark 30 year fixed mortgage interest rates on July 1, 2014. The qualified mortgage shoppers, who are seeking ideal new home purchase loans or refinancing deals, can now find the standard packages being traded at the same interest rates as yesterday.
The mortgage shoppers, who are now seeking more flexibility in terms of home loan deals, the bank is offering its 7 year adjustable rate mortgage home loan packages at a starting lending rate of 3.375% and an APR yield of 3.141% this Tuesday. The most flexible, 10 year adjustable rate mortgage home loan plans are now published in the bank’s books at an interest rate of 3.500% and an APR yield of 3.311% to begin with.
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 a lending rate of 4.312% and an annual percentage yield of 4.424%. However, the short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage loans can be secured at a lending rate of 3.562% and an APR yield of 3.756% today.
When talking about flexible home loan deals, the bank is now offering its best 5 year refinancing adjustable rate mortgage deals at an interest rate of 3.188% and an APR yield of 3.005% during the initial years of the loan period. The more flexible, 7 year refinancing variable rate home loans can now be locked in at an interest rate of 3.438% and an APR yield of 3.172% to start with.