Moving along a steady pathway, the popular Canadian lender, Toronto Dominion Bank (NYSE: TD), decided to keep its benchmark 30 year fixed mortgage interest rates unchanged on June 30, 2014. The qualified borrowers, who are planning on securing ideal finances for catering to their new home purchase and refinancing needs, can find the standard packages being traded at the same interest rates as towards the end of last week.
The borrowers, who are in search of more flexible mortgage deals, can now opt for 7 year adjustable rate mortgage home loan deals, which are advertised at an interest rate of 3.375% and are accompanied by an APR yield of 3.141% today. The 10 year adjustable rate mortgage home loan deals can be seen sitting next to an interest rate of 3.500% and an APR yield of 3.311% to begin with.
In the refinancing home loan section, the mortgage shoppers can find the popular 30 year fixed rate mortgage home loan deals being listed at an interest rate of 4.312% and are backed by an annual return rate of 4.424% today. The relatively shorter, 15 year refinancing fixed rate mortgage options can be secured at an interest rate of 3.562% and an APR yield of 3.756% this Monday.
When it comes to flexible refinancing home loans, the bank offers the popular 5 year adjustable rate mortgage deals at a starting interest rate of 3.188% and an APR yield of 3.005% to start with. The more flexible, 7 year refinancing adjustable rate mortgage home loans are now coming out at an interest rate of 3.438% and an APR yield of 3.172% on the principal amount of loan secured from the bank.