At the Canadian mortgage lender, Toronto Dominion Bank (NYSE: TD), the benchmark 30 year fixed mortgage interest rates are holding firm on May 29, 2014. According to the most up to date mortgage information provided by the bank to the customers this Thursday, the standard new home purchase and ideal refinancing home loan plans are being traded at the same interest rates as yesterday.
The mortgage borrowers, who are planning on securing more flexible interest rates, can opt for the 7 year adjustable rate mortgage deals, which are now being traded at an interest rate of 3.375% and are carrying an APR yield of 3.141% today. The most flexible, 10 year adjustable rate mortgages can now be locked in at a starting interest price of 3.500% and an APR yield of 3.311% during the starting years of the home loan.
When it comes to the refinancing lending options, the popular 30 year fixed rate mortgage deals are now listed at an interest rate of 4.438% and offer an APR yield of 4.551%. When it comes to the short term home refinancing deals, the 15 year counterparts of the 30 year refinancing fixed rate mortgage home loan packages can be locked in at an interest rate of 3.562% and an APR yield of 3.756% today.
As far as the adjustable rate mortgage home loans are concerned, the interested customers can spot the best 5 year refinancing variable rate mortgage plans being listed at a lending rate of 3.188% and an APR yield of 3.005% to begin with. The more flexible, 7 year refinancing adjustable rate home loans can now be secured at a starting interest cost of 3.438% and an APR yield of 3.172%.