At the end of another trading week, the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), made no pleasant or unpleasant alternations to its benchmark 30 year fixed mortgage interest rates on May 23, 2014. According to the most recent mortgage rate charts released by the bank today, the ideal home purchase and refinancing home loan packages are coming out at the same interest rates as yesterday.
As far as more flexible lending options are concerned, the US based lender quotes 7 year adjustable rate mortgage home loans at an interest rate of 3.375% and an annual percentage yield of 3.141% during the starting years of the home loan tenure. The most flexible, 10 year fixed rate mortgage home loans are now published in the bank’s books at a starting lending rate of 3.500% and an APR yield of 3.311% to start with.
In the refinancing home loan division, the popular 30 year fixed rate mortgage home loans are now listed against an interest rate of 4.438% and an annual return rate of 4.551% this Friday. For the customers, interested in short term lending options, the 15 year refinancing fixed rate mortgage deals are published in the loan portfolio at an interest rate of 3.438% and an APR yield of 3.632% today.
When it comes to the adjustable rate mortgage section, the bank offers its best 5 year refinancing home loan options at a starting interest rate of 3.188% and an APR yield of 3.005% this Friday. The 7 year refinancing adjustable rate mortgage home loan packages are now up for grabs at a starting interest rate of 3.438% and an APR yield of 3.172% during the starting years of the home loan tenure.