One of the biggest foreign mortgage providers operating in the US market, Toronto Dominion Bank (NYSE: TD), managed to pull some strings and quote unchanged benchmark 30 year fixed mortgage interest rates on July 15, 2014. This Tuesday, the mortgage shoppers, who are planning on investing in a new home or want to reinvest in their existing property, and having it financed from TD bank, will find no change in the mortgage interest rates published by the bank today.
For the borrowers, who are planning on securing more flexible home loan packages, the bank now offers its best 7 year adjustable rate mortgage deals at a starting interest rate of 3.375% and an annual return rate of 3.147% on the principal amount of home loan. The 10 year adjustable rate mortgage home loan deals can be seen coming out at a lending rate of 3.625% and an annual percentage rate of 3.396% today.
Heading towards the refinancing division, the interested customers can spot the popular 30 year fixed rate mortgage home loans being traded at an interest rate of 4.312% and being backed by an APR yield of 4.431% today. The short term, 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan plans are now coming out at an interest rate of 3.562% and an APR yield of 3.767% this Tuesday.
As far as the adjustable home loan deals are concerned, the mortgage lender offers the 5 year refinancing flexible rate home loans at a starting interest rate of 3.312% and an APR yield of 3.054% to start with. The more flexible, 7 year refinancing adjustable rate mortgage home loan options can now be locked in at an interest rate of 3.438% and offering an APR yield of 3.178% on the principal amount of home loan acquired from the bank.